Group life insurance coverage december 15, 2024- march 22, 2025
Ended Awarded Last action
- Contract number
- 19RP3825F0183
- Awardee
-
Generali Life Assurance Philippines Inc. UEI K72RNFLLBEA7
- Awarding agency
-
US Embassy Manila
US Consulates and Embassies, Department of State
- Obligated
- $36,800
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 | $0 | |
| Supplemental Agreement for work within scope | $0 | |
| Original award | $36,800 |
About this award
This is a federal contract award for GROUP LIFE INSURANCE COVERAGE from December 15, 2024 to March 22, 2025, with a ceiling value of $942,330.14. The contract was awarded to Generali Life Assurance Philippines Inc., a for-profit organization based in the Philippines, by the U.S. Department of State's Bureau of East Asian and Pacific Affairs, a civilian agency.
The contract is a Delivery Order under a single-award Indefinite Delivery Contract (IDC) with a total ceiling of $1,757,748.19, awarded to Generali Life Assurance Philippines Inc. on June 20, 2021 with an ultimate completion date of June 19, 2026. This IDC allows the Department of State to procure recurring group life insurance services for U.S. government personnel stationed in the Philippines. The contract has a fixed-price with economic price adjustment pricing structure and does not involve any set-aside designations.
Quick answers
Who was awarded contract 19RP3825F0183?
19RP3825F0183 was awarded to Generali Life Assurance Philippines Inc. by US Embassy Manila (US Consulates and Embassies) on December 15, 2024.
How much is contract 19RP3825F0183 worth?
The government has obligated $36,800 on 19RP3825F0183. Its current value, with exercised options, is $479,486. Its potential value, with all options, is $942,330.
Which agency awarded contract 19RP3825F0183?
US Embassy Manila (US Consulates and Embassies) awarded 19RP3825F0183, with funding from Bureau of East Asian and Pacific Affairs (Department of State).
Is contract 19RP3825F0183 an order under another contract?
Yes. 19RP3825F0183 is a delivery order under 19RP3821D0005, an indefinite delivery contract.
Was contract 19RP3825F0183 competed?
The extent of competition for 19RP3825F0183 was full and open competition.
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