LES insurance premium

Ended Awarded Last action

Contract number
19SN1024F0053
Awardee
Awarding agency
Obligated
$24,993

Award facts

Contract value 100% obligated
$24,993.18 Current and potential, with all options
Completion date 100% complete
Current and potential, with all options
Funding agency
Bureau of Diplomatic Security Department of State
Set-aside
No set-aside
Competition
Full and Open Competition Negotiated Proposal / Quote
Pricing
Fixed Price with Economic Price Adjustment
Place of performance
Singapore

Award details come from SAM.gov/FPDS.

Transactions

Action Obligated Date
Funding Only Action P00002 $2
Funding Only Action P00001 · MOD to include funds for remaining 5 months for health insurance. $20,842
Original award $4,149

About this award

This federal contract award is for the provisioning of life and health insurance premiums for locally employed staff at U.S. government facilities in Singapore. The prime contractor is AIA Singapore Private Limited, a for-profit organization that specializes in providing insurance services to the U.S. government. The contract, valued at $24,993.18, was awarded on January 31, 2024 by the Bureau of Diplomatic Security, a civilian agency within the U.S. Department of State.

The contract is a delivery order under AIA Singapore's existing indefinite delivery contracts (IDCs) with the State Department's Bureau of East Asian and Pacific Affairs. The first IDC, awarded in August 2022, has a ceiling value of $200,000 and the second, awarded in February 2023, has a potential value of $2.47 million. These IDCs provide life and health insurance coverage for locally employed staff supporting various State Department, Department of Commerce, and U.S. Navy programs in Singapore. This specific delivery order has a period of performance through July 31, 2024. No set-aside designation or major subcontractors were mentioned in the award information provided.

Quick answers

Who was awarded contract 19SN1024F0053?

19SN1024F0053 was awarded to AIA Singapore Private LIMITED by US Embassy Singapore (US Consulates and Embassies) on January 31, 2024.

How much is contract 19SN1024F0053 worth?

The government has obligated $24,993 on 19SN1024F0053.

Which agency awarded contract 19SN1024F0053?

US Embassy Singapore (US Consulates and Embassies) awarded 19SN1024F0053, with funding from Bureau of Diplomatic Security (Department of State).

Is contract 19SN1024F0053 an order under another contract?

Yes. 19SN1024F0053 is a delivery order under 19SN1023D0001, an indefinite delivery contract.

Was contract 19SN1024F0053 competed?

The extent of competition for 19SN1024F0053 was full and open competition.

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