Q2 life insurance jeddah OCT 1 2025 DEC. 31 2025
Ended Awarded
- Contract number
- 19SA7026F0001
- Awardee
-
Malath Cooperative Insurance And Reinsurance Company UEI N1NLWMPCT144
- Awarding agency
-
US Embassy Riyadh
US Consulates and Embassies, Department of State
- Obligated
- $18,297
Award facts
- Contract value 100% obligated
- $18,297.09 Current and potential, with all options
- Completion date
- 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 fixed-price delivery order with economic price adjustment to Malath Cooperative Insurance and Reinsurance Company for Q2 life insurance services in Jeddah, covering the period from October 1 through December 31, 2025. The contract, valued at $18.3K, was awarded on December 4, 2025, with performance to be completed in Saudi Arabia. No small business set-aside was utilized for this award. This delivery order is issued under the larger Indefinite Delivery Contract titled "LE Staff Health & Life Insurance for Mission Saudi Arabia," which was originally awarded on July 1, 2021, with a ceiling value of $54.1M and extends through June 30, 2026.
Malath Cooperative Insurance and Reinsurance Company, a Saudi Arabian limited liability company registered in the System for Award Management since September 14, 2014, serves as the prime contractor and has established itself as the Department of State's primary insurance partner for diplomatic personnel across Saudi Arabia. The company directly administers comprehensive health and life insurance coverage for U.S. embassy staff stationed in major Saudi cities including Riyadh, Jeddah, and Dhahran, and has consistently received delivery order awards from the Bureau of Near Eastern Affairs without utilizing subcontractors. This ongoing relationship reflects the strategic importance of coordinating insurance benefits for diplomatic missions in the region.
Quick answers
Who was awarded contract 19SA7026F0001?
19SA7026F0001 was awarded to Malath Cooperative Insurance And Reinsurance Company by US Embassy Riyadh (US Consulates and Embassies) on December 4, 2025.
How much is contract 19SA7026F0001 worth?
The government has obligated $18,297 on 19SA7026F0001.
Which agency awarded contract 19SA7026F0001?
US Embassy Riyadh (US Consulates and Embassies) awarded 19SA7026F0001, with funding from Bureau of Near Eastern Affairs (Department of State).
Is contract 19SA7026F0001 an order under another contract?
Yes. 19SA7026F0001 is a delivery order under 19SA7021D0012, an indefinite delivery contract.
Was contract 19SA7026F0001 competed?
The extent of competition for 19SA7026F0001 was full and open competition.
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