Group LES life insurance june 20, 2023- september 23, 2023

Ended Awarded Last action

Contract number
19RP3823F1333
Awardee
Awarding agency
Obligated
$36,003

Award facts

Contract value 4% obligated
  • $479,485.67 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

Award details come from SAM.gov/FPDS.

Transactions

Action Obligated Date
Funding Only Action P00001 $737
Original award $35,266

About this award

The U.S. Department of State's Bureau of East Asian and Pacific Affairs has awarded a fixed-price delivery order contract to Generali Life Assurance Philippines Inc., a for-profit insurance provider, to deliver group life insurance coverage for U.S. government personnel and their dependents stationed in the Philippines. The contract, valued at $942,330.14, covers the period from June 20, 2023, to September 23, 2023. Generali Life Assurance Philippines Inc. is the prime contractor, and no set-aside designation was used for this award. This delivery order contract is issued under a larger Indefinite Delivery Contract (IDC) with a ceiling value of $1,757,748.19 and an ultimate completion date of June 19, 2025. The recurring nature of these awards suggests an ongoing requirement to support the Department of State's operations in the Philippines.

Quick answers

Who was awarded contract 19RP3823F1333?

19RP3823F1333 was awarded to Generali Life Assurance Philippines Inc. by US Embassy Manila (US Consulates and Embassies) on June 20, 2023.

How much is contract 19RP3823F1333 worth?

The government has obligated $36,003 on 19RP3823F1333. Its current value, with exercised options, is $479,486. Its potential value, with all options, is $942,330.

Which agency awarded contract 19RP3823F1333?

US Embassy Manila (US Consulates and Embassies) awarded 19RP3823F1333, with funding from Bureau of East Asian and Pacific Affairs (Department of State).

Is contract 19RP3823F1333 an order under another contract?

Yes. 19RP3823F1333 is a delivery order under 19RP3821D0005, an indefinite delivery contract.

Was contract 19RP3823F1333 competed?

The extent of competition for 19RP3823F1333 was full and open competition.

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