Group life insurance coverage september 24, 2023- december 30, 2023
Ended Awarded Last action
- Contract number
- 19RP3823F2140
- Awardee
-
Generali Life Assurance Philippines Inc. UEI K72RNFLLBEA7
- Awarding agency
-
US Embassy Manila
US Consulates and Embassies, Department of State
- Obligated
- $33,395
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
-
- 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 |
|---|---|---|
| Funding Only Action | -$3,387 | |
| Original award | $36,782 |
About this award
The U.S. Department of State's Bureau of East Asian and Pacific Affairs awarded a $942,330.14 fixed-price delivery order contract to Generali Life Assurance Philippines Inc., a for-profit insurance provider, for group life insurance coverage for U.S. government personnel and their dependents stationed in the Philippines. The contract period spans from September 24, 2023 to December 30, 2023. This award is issued under a single-award Indefinite Delivery Contract (IDC) held by Generali Life Assurance Philippines Inc., which was originally awarded on June 20, 2021 with a $1,757,748.19 ceiling value and an ultimate completion date of June 19, 2025. The recurring nature of these awards, with consistent values of approximately $942,330 per order, indicates an ongoing requirement to support Department of State operations in the Philippines. No set-aside designation was used for this contract.
Quick answers
Who was awarded contract 19RP3823F2140?
19RP3823F2140 was awarded to Generali Life Assurance Philippines Inc. by US Embassy Manila (US Consulates and Embassies) on August 24, 2023.
How much is contract 19RP3823F2140 worth?
The government has obligated $33,395 on 19RP3823F2140. Its current value, with exercised options, is $479,486. Its potential value, with all options, is $942,330.
Which agency awarded contract 19RP3823F2140?
US Embassy Manila (US Consulates and Embassies) awarded 19RP3823F2140, with funding from Bureau of East Asian and Pacific Affairs (Department of State).
Is contract 19RP3823F2140 an order under another contract?
Yes. 19RP3823F2140 is a delivery order under 19RP3821D0005, an indefinite delivery contract.
Was contract 19RP3823F2140 competed?
The extent of competition for 19RP3823F2140 was full and open competition.
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