Group life insurance coverage april 9, 2023- june 19, 2023
Ended Awarded Last action
- Contract number
- 19RP3823F0921
- Awardee
-
Generali Life Assurance Philippines Inc. UEI K72RNFLLBEA7
- Awarding agency
-
US Embassy Manila
US Consulates and Embassies, Department of State
- Obligated
- $27,539
Award facts
- Contract value 3% obligated
-
- $346,401.21 Current, with exercised options
- $942,330.14 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
- Set-aside
- No set-aside
- Competition
- Full and Open Competition Negotiated Proposal / Quote
- Pricing
- Fixed Price with Economic Price Adjustment
- Place of performance
- Philippines
- Legislative mandates
-
- Employment Eligibility Verification (E-Verify) FAR subpart 22.18
- Service Contract Inventory FAR subpart 4.17
Award details come from SAM.gov/FPDS.
Transactions
| Action | Obligated | Date |
|---|---|---|
| Modification | $26,338 | |
| Funding Only Action | $1,201 |
About this award
The U.S. Department of State's Bureau of East Asian and Pacific Affairs has awarded a fixed-price delivery order with economic price adjustment to Generali Life Assurance Philippines Inc., a for-profit insurance provider, for $942,330.14 in group life insurance coverage for the period of April 9, 2023 through June 19, 2023. This delivery order is issued under a single-award Indefinite Delivery Contract (IDC) held by Generali Life Assurance Philippines Inc. with a ceiling value of $1,757,748.19 and an ultimate completion date of June 19, 2025. The IDC allows the Department of State to issue fixed-price delivery orders for group life insurance services in the Philippines as needed to support its operations in the region. No set-aside designation was used for this contract award.
Quick answers
Who was awarded contract 19RP3823F0921?
19RP3823F0921 was awarded to Generali Life Assurance Philippines Inc. by US Embassy Manila (US Consulates and Embassies) on April 9, 2023.
How much is contract 19RP3823F0921 worth?
The government has obligated $27,539 on 19RP3823F0921. Its current value, with exercised options, is $346,401. Its potential value, with all options, is $942,330.
Which agency awarded contract 19RP3823F0921?
US Embassy Manila (US Consulates and Embassies) awarded 19RP3823F0921, with funding from Bureau of East Asian and Pacific Affairs (Department of State).
Is contract 19RP3823F0921 an order under another contract?
Yes. 19RP3823F0921 is a delivery order under 19RP3821D0005, an indefinite delivery contract.
Was contract 19RP3823F0921 competed?
The extent of competition for 19RP3823F0921 was full and open competition.
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