Q3 life insurance riyadh JAN 1, 2026 to march 31, 2026
Ended Awarded
- Contract number
- 19SA7026F0178
- 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 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 delivery order valued at $39,471.10 to Malath Cooperative Insurance and Reinsurance Company for third-quarter life insurance coverage in Riyadh from January 1, 2026 through March 31, 2026. This fixed-price contract with economic price adjustment was issued without any small business set-aside designation and completed on January 10, 2026. The award was announced on December 30, 2025, and represents continued execution of insurance services for U.S. diplomatic personnel stationed in Saudi Arabia.
This delivery order is issued under a larger Indefinite Delivery Contract with a ceiling value of $54.1 million, originally established on July 1, 2021, and extending through June 30, 2026, titled "LE Staff Health & Life Insurance for Mission Saudi Arabia." Malath Cooperative Insurance and Reinsurance Company, a Saudi Arabian for-profit limited liability company registered in the System for Award Management since 2014, serves as the sole prime contractor on this strategic partnership, providing comprehensive health and life insurance coverage for U.S. diplomatic personnel across multiple Saudi cities including Riyadh, Jeddah, and Dhahran. The company has consistently delivered similar quarterly and annual insurance delivery orders under this IDC framework without utilizing subcontractors, demonstrating direct capability to administer complex insurance products for government personnel.
Quick answers
Who was awarded contract 19SA7026F0178?
19SA7026F0178 was awarded to Malath Cooperative Insurance And Reinsurance Company by US Embassy Riyadh (US Consulates and Embassies) on December 30, 2025.
How much is contract 19SA7026F0178 worth?
The government has obligated $39,471 on 19SA7026F0178.
Which agency awarded contract 19SA7026F0178?
US Embassy Riyadh (US Consulates and Embassies) awarded 19SA7026F0178, with funding from Bureau of Near Eastern Affairs (Department of State).
Is contract 19SA7026F0178 an order under another contract?
Yes. 19SA7026F0178 is a delivery order under 19SA7021D0012, an indefinite delivery contract.
Was contract 19SA7026F0178 competed?
The extent of competition for 19SA7026F0178 was full and open competition.
On GovTribe
See this award's full record
- Every transaction and funding action
- The awardee's other awards and teaming partners
- Similar awards and recompete opportunities
- Ask GovTribe AI about this award