Q2 life insurance riyadh october 1 2025 december 31 2025
Ended Awarded
- Contract number
- 19SA7026F0007
- Awardee
-
Malath Cooperative Insurance And Reinsurance Company UEI N1NLWMPCT144
- Awarding agency
-
US Embassy Riyadh
US Consulates and Embassies, Department of State
- Obligated
- $39,471
Award facts
- Contract value 100% obligated
- $39,471.10 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 delivery order to Malath Cooperative Insurance and Reinsurance Company, a Saudi Arabian insurance provider, for Q2 life insurance coverage for U.S. diplomatic personnel in Riyadh during the period of October 1 through December 31, 2025. This fixed-price delivery order with economic price adjustment carries a ceiling value of $39,471.10 and was issued on December 4, 2025. The award utilizes no small business set-aside designation and represents a continuation of the agency's ongoing partnership with Malath for insurance services supporting diplomatic operations in Saudi Arabia.
This delivery order is issued under a larger Indefinite Delivery Contract (IDC) titled "LE Staff Health & Life Insurance for Mission Saudi Arabia," which the Bureau of Near Eastern Affairs awarded to Malath on July 1, 2021, with a total ceiling value of $54.1 million through June 30, 2026. As the prime contractor on this award, Malath Cooperative Insurance and Reinsurance Company provides comprehensive health and life insurance coverage to U.S. government employees stationed across Saudi Arabia, including Riyadh, Jeddah, and Dhahran. The company has been registered in the System for Award Management since 2014 and has consistently demonstrated its capability to directly administer complex insurance products for diplomatic personnel without major subcontractors.
Quick answers
Who was awarded contract 19SA7026F0007?
19SA7026F0007 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 19SA7026F0007 worth?
The government has obligated $39,471 on 19SA7026F0007.
Which agency awarded contract 19SA7026F0007?
US Embassy Riyadh (US Consulates and Embassies) awarded 19SA7026F0007, with funding from Bureau of Near Eastern Affairs (Department of State).
Is contract 19SA7026F0007 an order under another contract?
Yes. 19SA7026F0007 is a delivery order under 19SA7021D0012, an indefinite delivery contract.
Was contract 19SA7026F0007 competed?
The extent of competition for 19SA7026F0007 was full and open competition.
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