Life insurance dhahran Q4 april 01, 2025 june 30, 2025
Ended Awarded Last action
- Contract number
- 19SA7025F0294
- Awardee
-
Malath Cooperative Insurance And Reinsurance Company UEI N1NLWMPCT144
- Awarding agency
-
US Embassy Riyadh
US Consulates and Embassies, Department of State
- Obligated
- $12,460
Award facts
- Contract value 100% obligated
- $12,460.17 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 | -$975 | |
| Original award | $13,435 |
About this award
This is a federal contract award from the U.S. Department of State's Bureau of Near Eastern Affairs to Malath Cooperative Insurance And Reinsurance Company, a Saudi Arabian for-profit limited liability company. The contract has a fixed-price with economic price adjustment structure and a total ceiling value of $12,460.17. It provides life insurance coverage for U.S. diplomatic personnel stationed in Dhahran, Saudi Arabia for the period of April 1, 2025 to June 30, 2025.
The award is part of a larger Indefinite Delivery Contract (IDC) with a $54,106,221.07 ceiling value that the Bureau of Near Eastern Affairs uses to quickly procure health, life, and premium insurance services for U.S. diplomatic personnel in Saudi Arabia. Malath Cooperative Insurance And Reinsurance Company is the exclusive provider of these critical insurance services under the IDC, which runs through June 30, 2026. This contract does not utilize any small business set-aside designations.
Quick answers
Who was awarded contract 19SA7025F0294?
19SA7025F0294 was awarded to Malath Cooperative Insurance And Reinsurance Company by US Embassy Riyadh (US Consulates and Embassies) on March 20, 2025.
How much is contract 19SA7025F0294 worth?
The government has obligated $12,460 on 19SA7025F0294.
Which agency awarded contract 19SA7025F0294?
US Embassy Riyadh (US Consulates and Embassies) awarded 19SA7025F0294, with funding from Bureau of Near Eastern Affairs (Department of State).
Is contract 19SA7025F0294 an order under another contract?
Yes. 19SA7025F0294 is a delivery order under 19SA7021D0012, an indefinite delivery contract.
Was contract 19SA7025F0294 competed?
The extent of competition for 19SA7025F0294 was full and open competition.
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