Q1 life insurance riyadh july 1 2025 sept 30 2025
Ended Awarded
- Contract number
- 19SA7025F0645
- Awardee
-
Malath Cooperative Insurance And Reinsurance Company UEI N1NLWMPCT144
- Awarding agency
-
US Embassy Riyadh
US Consulates and Embassies, Department of State
- Obligated
- $39,011
Award facts
- Contract value 100% obligated
- $39,010.79 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.
About this award
The U.S. Department of State's Bureau of Near Eastern Affairs awarded a $39,010.79 fixed-price delivery order with economic price adjustment to Malath Cooperative Insurance and Reinsurance Company for life insurance services in Riyadh, Saudi Arabia, covering the period from July 1 through September 30, 2025. The award, finalized on July 31, 2025, includes an ultimate completion date of August 19, 2025, and does not utilize a small business set-aside. This delivery order is issued under a larger Indefinite Delivery Contract titled "LE Staff Health & Life Insurance for Mission Saudi Arabia," which was established on July 1, 2021, and carries a five-year performance period through June 30, 2026, with a total ceiling value of $54.1 million.
Malath Cooperative Insurance and Reinsurance Company, a Saudi Arabian limited liability company registered in the System for Award Management since September 2014, serves as the prime contractor and has consistently delivered health and life insurance coverage to support U.S. diplomatic personnel stationed throughout Saudi Arabia. The company performs directly without major subcontractors and has established itself as the Bureau's strategic insurance partner, managing comprehensive coverage for personnel across multiple Saudi cities including Riyadh, Jeddah, and Dhahran. This delivery order represents a continuation of the company's ongoing role in supporting the administrative and welfare needs of U.S. government employees in the region.
Quick answers
Who was awarded contract 19SA7025F0645?
19SA7025F0645 was awarded to Malath Cooperative Insurance And Reinsurance Company by US Embassy Riyadh (US Consulates and Embassies) on July 31, 2025.
How much is contract 19SA7025F0645 worth?
The government has obligated $39,011 on 19SA7025F0645.
Which agency awarded contract 19SA7025F0645?
US Embassy Riyadh (US Consulates and Embassies) awarded 19SA7025F0645, with funding from Bureau of Near Eastern Affairs (Department of State).
Is contract 19SA7025F0645 an order under another contract?
Yes. 19SA7025F0645 is a delivery order under 19SA7021D0012, an indefinite delivery contract.
Was contract 19SA7025F0645 competed?
The extent of competition for 19SA7025F0645 was full and open competition.
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