Q4 life insurance dhahran APR 1 2024 JUN 30 2024
Ended Awarded Last action
- Contract number
- 19SA7024F0302
- Awardee
-
Malath Cooperative Insurance And Reinsurance Company UEI N1NLWMPCT144
- Awarding agency
-
US Embassy Riyadh
US Consulates and Embassies, Department of State
- Obligated
- $11,441
Award facts
- Contract value 100% obligated
- $11,441.26 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 | $2,085 | |
| Original award | $9,356 |
About this award
This is a delivery order awarded by the Department of State's Bureau of Near Eastern Affairs to Malath Cooperative Insurance And Reinsurance Company, a for-profit limited liability company based in Saudi Arabia. The $11,441.26 fixed-price contract with economic price adjustment provides life insurance coverage for U.S. diplomatic personnel stationed in Dhahran, Saudi Arabia from April 1, 2024 to June 30, 2024.
This award is associated with a larger $54 million indefinite-delivery, indefinite-quantity (IDIQ) contract that Malath was awarded in 2021 to provide health, life, premium, and other insurance for State Department personnel across Saudi Arabia. The contract does not have a small business set-aside designation. As an established regional insurance provider, Malath directly administers the policies without major subcontractors. This recurring short-term contract award supports the Bureau of Near Eastern Affairs' diplomatic initiatives and overseas operations in the Kingdom of Saudi Arabia.
Quick answers
Who was awarded contract 19SA7024F0302?
19SA7024F0302 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 19SA7024F0302 worth?
The government has obligated $11,441 on 19SA7024F0302.
Which agency awarded contract 19SA7024F0302?
US Embassy Riyadh (US Consulates and Embassies) awarded 19SA7024F0302, with funding from Bureau of Near Eastern Affairs (Department of State).
Is contract 19SA7024F0302 an order under another contract?
Yes. 19SA7024F0302 is a delivery order under 19SA7021D0012, an indefinite delivery contract.
Was contract 19SA7024F0302 competed?
The extent of competition for 19SA7024F0302 was full and open competition.
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