Group life insurance coverage march 23, 2025- june 19, 2025

Ended Awarded Last action

Contract number
19RP3825F0557
Awardee
Awarding agency
Obligated
$34,049

Award facts

Contract value 4% obligated
  • $823,596.54 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

Award details come from SAM.gov/FPDS.

Transactions

Action Obligated Date
Supplemental Agreement for work within scope P00002 $0
Funding Only Action P00001 $0
Original award $34,049

About this award

This is a federal contract award for GROUP LIFE INSURANCE COVERAGE from March 23, 2025 to June 19, 2025 to Generali Life Assurance Philippines Inc., a for-profit corporate entity based in the Philippines. The contract has a ceiling value of $942,330.14 and is structured as a Delivery Order under a single-award Indefinite Delivery Contract (IDC) held by the vendor with the U.S. Department of State's Bureau of East Asian and Pacific Affairs, a civilian agency. The contract has a fixed price with economic price adjustment pricing type and does not include any set-aside designations. Generali Life Assurance Philippines Inc. is the prime contractor, and there are no mentioned subcontractors. The contract supports the insurance coverage requirements for U.S. government personnel and their dependents stationed in the Philippines.

Quick answers

Who was awarded contract 19RP3825F0557?

19RP3825F0557 was awarded to Generali Life Assurance Philippines Inc. by US Embassy Manila (US Consulates and Embassies) on March 23, 2025.

How much is contract 19RP3825F0557 worth?

The government has obligated $34,049 on 19RP3825F0557. Its current value, with exercised options, is $823,597. Its potential value, with all options, is $942,330.

Which agency awarded contract 19RP3825F0557?

US Embassy Manila (US Consulates and Embassies) awarded 19RP3825F0557, with funding from Bureau of East Asian and Pacific Affairs (Department of State).

Is contract 19RP3825F0557 an order under another contract?

Yes. 19RP3825F0557 is a delivery order under 19RP3821D0005, an indefinite delivery contract.

Was contract 19RP3825F0557 competed?

The extent of competition for 19RP3825F0557 was full and open competition.

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