Group life insurance december 1, 2020 to march 13, 2021

Ended Awarded Last action

Contract number
19RP3821F0301
Awardee
Awarding agency
Obligated
$45,040

Award facts

Contract value 12% obligated
$368,334.48 Current and potential, with all options
Completion date 100% complete
Current and potential, with all options
Funding agency
Bureau of East Asian and Pacific Affairs Department of State
NAICS code
524113 Direct Life Insurance Carriers
PSC
G006 Social- Government Life Insurance Programs
Set-aside
No set-aside
Competition
Full and Open Competition Negotiated Proposal / Quote
Pricing
Fixed Price with Economic Price Adjustment
Place of performance
Philippines

Award details come from SAM.gov/FPDS.

About this award

This federal contract award is for group life insurance coverage for U.S. government employees and dependents located in the Philippines. The prime contractor is Generali Life Assurance Philippines Inc., a for-profit insurance provider. The contract was awarded on December 1, 2020 by the Department of State's Bureau of East Asian and Pacific Affairs and has a potential value of $368,334.48. The contract period of performance is from December 1, 2020 to March 13, 2021. This is a fixed-price with economic price adjustment delivery order contract. No set-aside designation was used. Generali Life Assurance also holds a single award indefinite delivery contract with the Department of State for ongoing as-needed group life insurance coverage in the Philippines, with a period of performance from 2021 to 2026 and a potential value of $1.8 million.

Quick answers

Who was awarded contract 19RP3821F0301?

19RP3821F0301 was awarded to Generali Life Assurance Philippines Inc. by US Embassy Manila (US Consulates and Embassies) on December 1, 2020.

How much is contract 19RP3821F0301 worth?

The government has obligated $45,040 on 19RP3821F0301. Its current value, with exercised options, is $368,334.

Which agency awarded contract 19RP3821F0301?

US Embassy Manila (US Consulates and Embassies) awarded 19RP3821F0301, with funding from Bureau of East Asian and Pacific Affairs (Department of State).

Is contract 19RP3821F0301 an order under another contract?

Yes. 19RP3821F0301 is a delivery order under 19RP3819D0005, an indefinite delivery contract.

Was contract 19RP3821F0301 competed?

The extent of competition for 19RP3821F0301 was full and open competition.

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