Q3 life insurance jeddah JAN 1 2024 MAR 31 2024
Ended Awarded Last action
- Contract number
- 19SA7024F0146
- Awardee
-
Malath Cooperative Insurance And Reinsurance Company UEI N1NLWMPCT144
- Awarding agency
-
US Embassy Riyadh
US Consulates and Embassies, Department of State
- Obligated
- $14,793
Award facts
- Contract value 100% obligated
- $14,792.50 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 | $1,614 | |
| Original award | $13,179 |
About this award
This federal contract award was issued by the Bureau of Near Eastern Affairs, a civilian agency within the U.S. Department of State, to Malath Cooperative Insurance And Reinsurance Company, a for-profit limited liability company based in Saudi Arabia. The $14,792.50 fixed-price delivery order is for life insurance coverage from January 1, 2024 to March 31, 2024 for U.S. diplomatic personnel stationed in Jeddah, Saudi Arabia.
The award is associated with a larger $54 million indefinite-delivery/indefinite-quantity (IDIQ) contract vehicle that Malath was previously awarded in 2021 to provide health, life, premium, and other insurance required by the State Department in Saudi Arabia. This delivery order is one of several recurring short-term task orders issued against that IDIQ to cover insurance needs for U.S. diplomatic staff. The contract does not have a small business set-aside designation.
Quick answers
Who was awarded contract 19SA7024F0146?
19SA7024F0146 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 19SA7024F0146 worth?
The government has obligated $14,793 on 19SA7024F0146.
Which agency awarded contract 19SA7024F0146?
US Embassy Riyadh (US Consulates and Embassies) awarded 19SA7024F0146, with funding from Bureau of Near Eastern Affairs (Department of State).
Is contract 19SA7024F0146 an order under another contract?
Yes. 19SA7024F0146 is a delivery order under 19SA7021D0012, an indefinite delivery contract.
Was contract 19SA7024F0146 competed?
The extent of competition for 19SA7024F0146 was full and open competition.
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