Group life insurance coverage june 20, 2024- september 21, 2024
Ended Awarded Last action
- Contract number
- 19RP3824F1054
- Awardee
-
Generali Life Assurance Philippines Inc. UEI K72RNFLLBEA7
- Awarding agency
-
US Embassy Manila
US Consulates and Embassies, Department of State
- Obligated
- $33,197
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 |
|---|---|---|
| Modification | $33,197 | |
| Funding Only Action | $0 |
About this award
This federal contract award is for GROUP LIFE INSURANCE COVERAGE from June 20, 2024 to September 21, 2024, with a ceiling value of $942,330.14. The contract was awarded to the prime contractor Generali Life Assurance Philippines Inc., a for-profit corporate entity located in Makati, Metro Manila, Philippines that specializes in providing group life insurance services to U.S. government personnel and their dependents stationed in the Philippines.
The contract was awarded by the U.S. Department of State's Bureau of East Asian and Pacific Affairs, a civilian agency, and is structured as a Delivery Order under a single-award Indefinite Delivery Contract (IDC) held by Generali Life Assurance Philippines Inc. The IDC has a total ceiling value of $1,757,748.19 and allows for the issuance of recurring delivery orders for group life insurance services. This contract does not involve any set-aside designations.
Quick answers
Who was awarded contract 19RP3824F1054?
19RP3824F1054 was awarded to Generali Life Assurance Philippines Inc. by US Embassy Manila (US Consulates and Embassies) on June 20, 2024.
How much is contract 19RP3824F1054 worth?
The government has obligated $33,197 on 19RP3824F1054. Its current value, with exercised options, is $479,486. Its potential value, with all options, is $942,330.
Which agency awarded contract 19RP3824F1054?
US Embassy Manila (US Consulates and Embassies) awarded 19RP3824F1054, with funding from Bureau of East Asian and Pacific Affairs (Department of State).
Is contract 19RP3824F1054 an order under another contract?
Yes. 19RP3824F1054 is a delivery order under 19RP3821D0005, an indefinite delivery contract.
Was contract 19RP3824F1054 competed?
The extent of competition for 19RP3824F1054 was full and open competition.
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