Group life insurance coverage september 22, 2024- december 14, 2024
Ended Awarded Last action
- Contract number
- 19RP3824F1627
- Awardee
-
Generali Life Assurance Philippines Inc. UEI K72RNFLLBEA7
- Awarding agency
-
US Embassy Manila
US Consulates and Embassies, Department of State
- Obligated
- $31,287
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 |
|---|---|---|
| Funding Only Action | $0 | |
| Funding Only Action | $0 | |
| Original award | $31,287 |
About this award
This is a federal contract award for group life insurance coverage provided by Generali Life Assurance Philippines Inc. to the U.S. Department of State's Bureau of East Asian and Pacific Affairs. The contract is a fixed-price delivery order with economic price adjustment, valued at $942,330.14, covering the period from September 22, 2024 to December 14, 2024. This contract is not associated with any set-aside designation.
Generali Life Assurance Philippines Inc. is the prime contractor for this award and has an active Indefinite Delivery Contract (IDC) with the Department of State's Bureau of East Asian and Pacific Affairs, with a total ceiling value of $1,757,748.19 and an ultimate completion date of June 19, 2026. Under this IDC, the company has consistently received recurring delivery orders for group life insurance coverage for U.S. government personnel and their dependents stationed in the Philippines.
Quick answers
Who was awarded contract 19RP3824F1627?
19RP3824F1627 was awarded to Generali Life Assurance Philippines Inc. by US Embassy Manila (US Consulates and Embassies) on September 22, 2024.
How much is contract 19RP3824F1627 worth?
The government has obligated $31,287 on 19RP3824F1627. Its current value, with exercised options, is $479,486. Its potential value, with all options, is $942,330.
Which agency awarded contract 19RP3824F1627?
US Embassy Manila (US Consulates and Embassies) awarded 19RP3824F1627, with funding from Bureau of East Asian and Pacific Affairs (Department of State).
Is contract 19RP3824F1627 an order under another contract?
Yes. 19RP3824F1627 is a delivery order under 19RP3821D0005, an indefinite delivery contract.
Was contract 19RP3824F1627 competed?
The extent of competition for 19RP3824F1627 was full and open competition.
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