Group life insurance coverage december 31, 2023- march 23, 2024
Ended Awarded Last action
- Contract number
- 19RP3824F0307
- Awardee
-
Generali Life Assurance Philippines Inc. UEI K72RNFLLBEA7
- Awarding agency
-
US Embassy Manila
US Consulates and Embassies, Department of State
- Obligated
- $31,389
Award facts
- Contract value 3% 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.
About this award
The Department of State Bureau of East Asian and Pacific Affairs awarded a fixed-price delivery order contract worth $942,330.14 to Generali Life Assurance Philippines Inc., a for-profit insurance provider, to deliver group life insurance coverage for U.S. government personnel and dependents stationed in the Philippines from December 31, 2023 to March 23, 2024. This appears to be a recurring requirement, as Generali Life Assurance has been awarded similar delivery orders since 2019 to provide group life insurance in support of State Department operations in the Philippines. The contract does not have a set-aside designation, and no subcontractors are mentioned. Generali Life Assurance also holds a single award indefinite delivery contract with the Department of State to provide as-needed group life insurance coverage for U.S. government staff in the Philippines from 2021 to 2026, with a potential value of $1.8 million.
Quick answers
Who was awarded contract 19RP3824F0307?
19RP3824F0307 was awarded to Generali Life Assurance Philippines Inc. by US Embassy Manila (US Consulates and Embassies) on December 31, 2023.
How much is contract 19RP3824F0307 worth?
The government has obligated $31,389 on 19RP3824F0307. Its current value, with exercised options, is $479,486. Its potential value, with all options, is $942,330.
Which agency awarded contract 19RP3824F0307?
US Embassy Manila (US Consulates and Embassies) awarded 19RP3824F0307, with funding from Bureau of East Asian and Pacific Affairs (Department of State).
Is contract 19RP3824F0307 an order under another contract?
Yes. 19RP3824F0307 is a delivery order under 19RP3821D0005, an indefinite delivery contract.
Was contract 19RP3824F0307 competed?
The extent of competition for 19RP3824F0307 was full and open competition.
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