Q3 health insurance jeddah JAN 1 2024 MAR 31 2024
Ended Awarded Last action
- Contract number
- 19SA7024F0143
- Awardee
-
Malath Cooperative Insurance And Reinsurance Company UEI N1NLWMPCT144
- Awarding agency
-
US Embassy Riyadh
US Consulates and Embassies, Department of State
- Obligated
- $276,867
Award facts
- Contract value 100% obligated
- $276,867.47 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 | $5,338 | |
| Supplemental Agreement for work within scope | $9,927 | |
| Original award | $261,602 |
About this award
This federal contract award is for health insurance services provided by Malath Cooperative Insurance And Reinsurance Company, through its Malath Cooperative Insurance Company Division, to the U.S. Department of State's Bureau of Near Eastern Affairs. The contract has a fixed-price with economic price adjustment pricing type, a not-to-exceed ceiling value of $276,867.47, and a period of performance from January 1, 2024 to March 31, 2024.
The contract is a delivery order issued under a larger single-award indefinite delivery contract (IDC) with a $54,106,221.07 ceiling, which was initially awarded to Malath on July 1, 2021 and runs through June 30, 2026. This IDC enables the Bureau of Near Eastern Affairs to quickly procure necessary insurance coverage to support its ongoing diplomatic initiatives and protect the welfare of U.S. personnel stationed in Saudi Arabia. The current delivery order does not utilize a small business set-aside.
Quick answers
Who was awarded contract 19SA7024F0143?
19SA7024F0143 was awarded to Malath Cooperative Insurance And Reinsurance Company by US Embassy Riyadh (US Consulates and Embassies) on December 11, 2023.
How much is contract 19SA7024F0143 worth?
The government has obligated $276,867 on 19SA7024F0143.
Which agency awarded contract 19SA7024F0143?
US Embassy Riyadh (US Consulates and Embassies) awarded 19SA7024F0143, with funding from Bureau of Near Eastern Affairs (Department of State).
Is contract 19SA7024F0143 an order under another contract?
Yes. 19SA7024F0143 is a delivery order under 19SA7021D0012, an indefinite delivery contract.
Was contract 19SA7024F0143 competed?
The extent of competition for 19SA7024F0143 was full and open competition.
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