Q1 life insurance dhahran july 1 2024 sept. 30 2024
Ended Awarded Last action
- Contract number
- 19SA7024F0542
- Awardee
-
Malath Cooperative Insurance And Reinsurance Company UEI N1NLWMPCT144
- Awarding agency
-
US Embassy Riyadh
US Consulates and Embassies, Department of State
- Obligated
- $12,352
Award facts
- Contract value 100% obligated
- $12,351.82 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 |
|---|---|---|
| Funding Only Action | $1,190 | |
| Original award | $11,162 |
About this award
The U.S. Department of State's Bureau of Near Eastern Affairs has awarded a fixed-price delivery order with economic price adjustment to Malath Cooperative Insurance And Reinsurance Company, a for-profit limited liability company based in Saudi Arabia. The $12,351.82 contract is to provide life insurance coverage for U.S. diplomatic personnel stationed in Dhahran, Saudi Arabia from July 1, 2024 to September 30, 2024.
This award is issued under two larger indefinite delivery contracts previously awarded to Malath by the Bureau of Near Eastern Affairs. The first is a $54,106,221.07 single-award contract to provide health, life, and premium insurance services in Saudi Arabia, while the second was a $4,000,000 one-year bridge contract for similar coverage. These vehicles allow the agency to quickly procure necessary insurance to support its diplomatic operations and personnel welfare in the region. The current delivery order does not utilize any small business set-asides.
Quick answers
Who was awarded contract 19SA7024F0542?
19SA7024F0542 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 19SA7024F0542 worth?
The government has obligated $12,352 on 19SA7024F0542.
Which agency awarded contract 19SA7024F0542?
US Embassy Riyadh (US Consulates and Embassies) awarded 19SA7024F0542, with funding from Bureau of Near Eastern Affairs (Department of State).
Is contract 19SA7024F0542 an order under another contract?
Yes. 19SA7024F0542 is a delivery order under 19SA7021D0012, an indefinite delivery contract.
Was contract 19SA7024F0542 competed?
The extent of competition for 19SA7024F0542 was full and open competition.
On GovTribe
See this award's full record
- Every transaction and funding action
- The awardee's other awards and teaming partners
- Similar awards and recompete opportunities
- Ask GovTribe AI about this award