Q1 health insurance jeddah july 1 2024 sept. 30 2024
Ended Awarded Last action
- Contract number
- 19SA7024F0538
- Awardee
-
Malath Cooperative Insurance And Reinsurance Company UEI N1NLWMPCT144
- Awarding agency
-
US Embassy Riyadh
US Consulates and Embassies, Department of State
- Obligated
- $487,403
Award facts
- Contract value 100% obligated
- $487,403.20 Current and potential, with all options
- Completion date 100% complete
- Current and 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 | $7,849 | |
| Supplemental Agreement for work within scope | $179,929 | |
| Original award | $299,626 |
About this award
The U.S. Department of State's Bureau of Near Eastern Affairs awarded a $487,403.20 fixed-price delivery order contract to Malath Cooperative Insurance And Reinsurance Company, a Saudi Arabian for-profit limited liability company, to provide health insurance coverage for U.S. government personnel stationed in Saudi Arabia from July 1, 2024 through September 30, 2024.
This delivery order is issued under two larger indefinite delivery vehicle (IDV) contracts held by Malath Cooperative Insurance And Reinsurance Company with the Bureau of Near Eastern Affairs. The first IDV (19SA7021D0012) has a $54,106,221.07 ceiling and allows for the issuance of task orders for health, life, and premium insurance services across Saudi Arabia from July 2021 through June 2026. The second IDV (19SA7020D0003) was a one-year, $4,000,000 bridge contract awarded in 2020 to provide similar insurance coverage.
The contracts do not utilize any small business set-asides, with Malath Cooperative Insurance And Reinsurance Company serving as the prime contractor. This award supports the Bureau of Near Eastern Affairs' ongoing diplomatic initiatives and efforts to protect the welfare of U.S. personnel stationed in Saudi Arabia.
Quick answers
Who was awarded contract 19SA7024F0538?
19SA7024F0538 was awarded to Malath Cooperative Insurance And Reinsurance Company by US Embassy Riyadh (US Consulates and Embassies) on June 12, 2024.
How much is contract 19SA7024F0538 worth?
The government has obligated $487,403 on 19SA7024F0538.
Which agency awarded contract 19SA7024F0538?
US Embassy Riyadh (US Consulates and Embassies) awarded 19SA7024F0538, with funding from Bureau of Near Eastern Affairs (Department of State).
Is contract 19SA7024F0538 an order under another contract?
Yes. 19SA7024F0538 is a delivery order under 19SA7021D0012, an indefinite delivery contract.
Was contract 19SA7024F0538 competed?
The extent of competition for 19SA7024F0538 was full and open competition.
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