Q2-life insurance (RIYADH) OCT. 01-DEC. 31 2023
Ended Awarded Last action
- Contract number
- 19SA7024F0006
- Awardee
-
Malath Cooperative Insurance And Reinsurance Company UEI N1NLWMPCT144
- Awarding agency
-
US Embassy Riyadh
US Consulates and Embassies, Department of State
- Obligated
- $35,720
Award facts
- Contract value 100% obligated
- $35,720.18 Current and potential, with all options
- Completion date 100% complete
-
- Current, with exercised options
- Potential, with all options
- Funding agency
- Bureau of Near Eastern Affairs Department of State
- NAICS code
- 524114 Direct Health and Medical Insurance Carriers
- PSC
- Q201 Medical- Managed Healthcare
- Set-aside
- No set-aside
- Competition
- Full and Open Competition Negotiated Proposal / Quote
- Pricing
- Fixed Price with Economic Price Adjustment
- Place of performance
- Saudi Arabia
Award details come from SAM.gov/FPDS.
Transactions
| Action | Obligated | Date |
|---|---|---|
| Supplemental Agreement for work within scope | -$2,710 | |
| Original award | $38,430 |
About this award
This federal contract award, valued at $35,720.18, was issued by the Bureau of Near Eastern Affairs, a civilian agency within the U.S. Department of State. The award was made to Malath Cooperative Insurance And Reinsurance Company, a for-profit limited liability company based in Saudi Arabia, to provide life insurance coverage for the period of October 1 to December 31, 2023 for U.S. diplomatic personnel stationed in Riyadh, Saudi Arabia.
The award is a delivery order issued against a larger indefinite-delivery, indefinite-quantity (IDIQ) contract vehicle held by Malath with the Bureau of Near Eastern Affairs, which supports various insurance services for State Department personnel across Saudi Arabia. This contract does not have a small business set-aside designation. As an established regional insurance provider, Malath will directly administer the policies without utilizing major subcontractors. The award has a fixed-price with economic price adjustment pricing structure, with a period of performance ending on July 9, 2024.
Quick answers
Who was awarded contract 19SA7024F0006?
19SA7024F0006 was awarded to Malath Cooperative Insurance And Reinsurance Company by US Embassy Riyadh (US Consulates and Embassies) on October 18, 2023.
How much is contract 19SA7024F0006 worth?
The government has obligated $35,720 on 19SA7024F0006.
Which agency awarded contract 19SA7024F0006?
US Embassy Riyadh (US Consulates and Embassies) awarded 19SA7024F0006, with funding from Bureau of Near Eastern Affairs (Department of State).
Is contract 19SA7024F0006 an order under another contract?
Yes. 19SA7024F0006 is a delivery order under 19SA7021D0012, an indefinite delivery contract.
Was contract 19SA7024F0006 competed?
The extent of competition for 19SA7024F0006 was full and open competition.
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