Q4 medical insurance jeddah april 1 to june 30, 2026
Ended Awarded Last action
- Contract number
- 19SA7026F0294
- 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
- Contract value 100% obligated
- $333,228.00 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 (BNE) awarded a delivery order valued at $333,228.00 to Malath Cooperative Insurance and Reinsurance Company for quarterly medical insurance coverage for U.S. diplomatic personnel stationed in Jeddah, Saudi Arabia, with performance extending from April 1 through June 30, 2026. This fixed-price contract with economic price adjustment mechanisms was awarded on March 26, 2026, without a small business set-aside designation. Malath Cooperative Insurance Company, a Saudi Arabian limited liability company and the prime contractor, will deliver comprehensive health insurance services directly and without major subcontractors, leveraging its established operational capacity in the region.
This delivery order is issued under an Indefinite Delivery Contract (IDC No. 19SA7021D0012) with a total ceiling value of $54.1 million and a performance period extending through June 30, 2026. The BNE has consistently awarded recurring quarterly and annual insurance delivery orders to Malath without competition since the IDC's inception in July 2021, reflecting the company's exclusive status as the incumbent provider of critical health, life, and premium insurance services for U.S. diplomatic missions throughout Saudi Arabia. Malath's sustained performance across multiple contract awards demonstrates the strategic importance the Department of State places on continuity of benefits administration for American personnel serving in the Near East region.
Quick answers
Who was awarded contract 19SA7026F0294?
19SA7026F0294 was awarded to Malath Cooperative Insurance And Reinsurance Company by US Embassy Riyadh (US Consulates and Embassies) on March 26, 2026.
How much is contract 19SA7026F0294 worth?
The government has obligated $333,228 on 19SA7026F0294.
Which agency awarded contract 19SA7026F0294?
US Embassy Riyadh (US Consulates and Embassies) awarded 19SA7026F0294, with funding from Bureau of Near Eastern Affairs (Department of State).
Is contract 19SA7026F0294 an order under another contract?
Yes. 19SA7026F0294 is a delivery order under 19SA7021D0012, an indefinite delivery contract.
Was contract 19SA7026F0294 competed?
The extent of competition for 19SA7026F0294 was full and open competition.
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