Group life insurance coverage march 24, 2024- june 19, 2024
Ended Awarded Last action
- Contract number
- 19RP3824F0673
- Awardee
-
Generali Life Assurance Philippines Inc. UEI K72RNFLLBEA7
- Awarding agency
-
US Embassy Manila
US Consulates and Embassies, Department of State
- Obligated
- $32,762
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.
Transactions
| Action | Obligated | Date |
|---|---|---|
| Supplemental Agreement for work within scope | $124 | |
| Funding Only Action | $0 | |
| Original award | $32,638 |
About this award
This is a fixed-price delivery order contract awarded by the U.S. Department of State's Bureau of East Asian and Pacific Affairs to Generali Life Assurance Philippines Inc., a for-profit company located in the Philippines. The contract, valued at $942,330.14, is for providing group life insurance coverage to U.S. government personnel and their dependents stationed in the Philippines from March 24, 2024, to June 19, 2024. This is a standalone delivery order contract without any set-aside designation, issued under a larger Indefinite Delivery Contract (IDC) awarded to the vendor on June 20, 2021, with a total ceiling value of $1,757,748.19 and an ultimate completion date of June 19, 2025. The IDC allows the Department of State's Bureau of East Asian and Pacific Affairs to issue recurring fixed-price delivery orders for group life insurance services in the Philippines, which Generali Life Assurance Philippines Inc. has been providing consistently for several years.
Quick answers
Who was awarded contract 19RP3824F0673?
19RP3824F0673 was awarded to Generali Life Assurance Philippines Inc. by US Embassy Manila (US Consulates and Embassies) on March 24, 2024.
How much is contract 19RP3824F0673 worth?
The government has obligated $32,762 on 19RP3824F0673. Its current value, with exercised options, is $479,486. Its potential value, with all options, is $942,330.
Which agency awarded contract 19RP3824F0673?
US Embassy Manila (US Consulates and Embassies) awarded 19RP3824F0673, with funding from Bureau of East Asian and Pacific Affairs (Department of State).
Is contract 19RP3824F0673 an order under another contract?
Yes. 19RP3824F0673 is a delivery order under 19RP3821D0005, an indefinite delivery contract.
Was contract 19RP3824F0673 competed?
The extent of competition for 19RP3824F0673 was full and open competition.
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