Q4 life insurance riyadh APR 1 2024 JUN 30 2024

Ended Awarded Last action

Contract number
19SA7024F0298
Awardee
Awarding agency
Obligated
$35,939

Award facts

Contract value 100% obligated
$35,939.30 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
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 P00001 -$1,887
Original award $37,827

About this award

This is a delivery order awarded by the U.S. Department of State Bureau of Near Eastern Affairs to Malath Cooperative Insurance And Reinsurance Company, a for-profit limited liability company based in Saudi Arabia. The $35,939.30 fixed-price contract with economic price adjustment is for life insurance coverage for U.S. diplomatic personnel stationed in Riyadh, Saudi Arabia from April 1, 2024 to June 30, 2024.

The award is under a larger indefinite-delivery/indefinite-quantity (IDIQ) contract vehicle awarded to Malath Cooperative Insurance And Reinsurance Company in 2021 with a $54 million ceiling to provide various insurance services to the State Department in Saudi Arabia. This delivery order is not designated as a set-aside contract.

Quick answers

Who was awarded contract 19SA7024F0298?

19SA7024F0298 was awarded to Malath Cooperative Insurance And Reinsurance Company by US Embassy Riyadh (US Consulates and Embassies) on March 18, 2024.

How much is contract 19SA7024F0298 worth?

The government has obligated $35,939 on 19SA7024F0298.

Which agency awarded contract 19SA7024F0298?

US Embassy Riyadh (US Consulates and Embassies) awarded 19SA7024F0298, with funding from Bureau of Near Eastern Affairs (Department of State).

Is contract 19SA7024F0298 an order under another contract?

Yes. 19SA7024F0298 is a delivery order under 19SA7021D0012, an indefinite delivery contract.

Was contract 19SA7024F0298 competed?

The extent of competition for 19SA7024F0298 was full and open competition.

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