Q2 medical insurance jeddah OCT. 1 2025 DEC. 31 2025
Ended Awarded
- Contract number
- 19SA7026F0002
- Awardee
-
Malath Cooperative Insurance And Reinsurance Company UEI N1NLWMPCT144
- Awarding agency
-
US Embassy Riyadh
US Consulates and Embassies, Department of State
- Obligated
- $333,228
Award facts
- Opportunity
-
- Life and Medical Insurance Services - Riyadh Pre-Solicitation · 19SA7021R0004 · Posted Jan 26, 2021
- Contract value 100% obligated
- $333,228.00 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 $333.2K delivery order to Malath Cooperative Insurance and Reinsurance Company for quarterly medical insurance coverage in Jeddah, Saudi Arabia, from October 1 through December 31, 2025. This fixed-price contract with economic price adjustment was awarded on December 4, 2025, and carries no set-aside designation. Malath Cooperative Insurance and Reinsurance Company, a Saudi Arabian insurance provider registered in the System for Award Management since 2014, serves as the prime contractor with no major subcontractors involved. The company specializes in delivering comprehensive health, life, and premium insurance services to U.S. diplomatic personnel stationed throughout Saudi Arabia.
This delivery order is issued under a larger Indefinite Delivery Contract established July 1, 2021, titled "LE Staff Health & Life Insurance for Mission Saudi Arabia," which carries a ceiling value of approximately $54.1M and extends through June 30, 2026. The IDC enables the Bureau of Near Eastern Affairs to efficiently procure insurance products for U.S. government employees across multiple Saudi cities including Riyadh, Jeddah, and Dhahran. Malath Cooperative Insurance and Reinsurance Company has consistently served as the sole-award contractor under this strategic partnership, demonstrating its established capability to directly administer complex insurance coverage supporting the State Department's diplomatic operations in the region.
Quick answers
Who was awarded contract 19SA7026F0002?
19SA7026F0002 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 19SA7026F0002 worth?
The government has obligated $333,228 on 19SA7026F0002.
Which agency awarded contract 19SA7026F0002?
US Embassy Riyadh (US Consulates and Embassies) awarded 19SA7026F0002, with funding from Bureau of Near Eastern Affairs (Department of State).
Is contract 19SA7026F0002 an order under another contract?
Yes. 19SA7026F0002 is a delivery order under 19SA7021D0012, an indefinite delivery contract.
Was contract 19SA7026F0002 competed?
The extent of competition for 19SA7026F0002 was full and open competition.
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