Q3 life insurance riyadh JAN 1 2025 MAR 31 2025
Ended Awarded Last action
- Contract number
- 19SA7025F0142
- Awardee
-
Malath Cooperative Insurance And Reinsurance Company UEI N1NLWMPCT144
- Awarding agency
-
US Embassy Riyadh
US Consulates and Embassies, Department of State
- Obligated
- $40,370
Award facts
- Contract value 100% obligated
- $40,369.87 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 | $2,772 | |
| Original award | $37,598 |
About this award
This is a federal contract award to Malath Cooperative Insurance And Reinsurance Company, a Saudi Arabian for-profit limited liability company, by the U.S. Department of State's Bureau of Near Eastern Affairs. The award is for the provision of Q3 life insurance services for U.S. diplomatic personnel stationed in Riyadh, Saudi Arabia from January 1, 2025 to March 31, 2025. The contract has a ceiling value of $40,369.87 and is a Delivery Order under a larger Indefinite Delivery Contract with a $54,106,221.07 ceiling, which allows the Bureau to quickly procure insurance services. The contract is a Fixed Price with Economic Price Adjustment and does not utilize any small business set-aside designations. Malath Cooperative Insurance And Reinsurance Company is the prime contractor and will directly administer the insurance policies without major subcontractors.
Quick answers
Who was awarded contract 19SA7025F0142?
19SA7025F0142 was awarded to Malath Cooperative Insurance And Reinsurance Company by US Embassy Riyadh (US Consulates and Embassies) on December 31, 2024.
How much is contract 19SA7025F0142 worth?
The government has obligated $40,370 on 19SA7025F0142.
Which agency awarded contract 19SA7025F0142?
US Embassy Riyadh (US Consulates and Embassies) awarded 19SA7025F0142, with funding from Bureau of Near Eastern Affairs (Department of State).
Is contract 19SA7025F0142 an order under another contract?
Yes. 19SA7025F0142 is a delivery order under 19SA7021D0012, an indefinite delivery contract.
Was contract 19SA7025F0142 competed?
The extent of competition for 19SA7025F0142 was full and open competition.
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