LES insurance premium

Ended Awarded Last action

Contract number
19SN1024F0054
Awardee
Awarding agency
Obligated
$146,673

Award facts

Contract value 100% obligated
$146,673.43 Current and potential, with all options
Completion date 100% complete
Current and potential, with all options
Funding agency
Bureau of East Asian and Pacific Affairs 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 P00003 -$1
Funding Only Action P00002 -$61
Funding Only Action P00001 · MOD to include funds for remaining 5 months for health insurance. $121,014
Original award $25,721

About this award

This is a federal contract award to AIA Singapore Private Limited, a for-profit insurance company, to provide life and health insurance coverage for locally employed staff at U.S. government facilities in Singapore. The contract has a ceiling value of $146,673.43 and a period of performance through July 31, 2024. It is a delivery order contract with a fixed price with economic price adjustment pricing type.

The contract was awarded by the U.S. Department of State's Bureau of East Asian and Pacific Affairs, a civilian agency within the State Department. AIA Singapore holds two indefinite delivery contracts (IDCs) with the Bureau of East Asian and Pacific Affairs to provide these insurance services, with the first IDC having a ceiling value of $200,000 and the second a potential value of $2.47 million. Under these IDCs, AIA Singapore has received multiple delivery orders from various State Department bureaus as well as the Departments of Commerce and Navy to fund insurance premiums for locally employed staff in Singapore.

This contract award does not have a set-aside designation, and no major subcontractors were identified.

Quick answers

Who was awarded contract 19SN1024F0054?

19SN1024F0054 was awarded to AIA Singapore Private LIMITED by US Embassy Singapore (US Consulates and Embassies) on February 1, 2024.

How much is contract 19SN1024F0054 worth?

The government has obligated $146,673 on 19SN1024F0054.

Which agency awarded contract 19SN1024F0054?

US Embassy Singapore (US Consulates and Embassies) awarded 19SN1024F0054, with funding from Bureau of East Asian and Pacific Affairs (Department of State).

Is contract 19SN1024F0054 an order under another contract?

Yes. 19SN1024F0054 is a delivery order under 19SN1023D0001, an indefinite delivery contract.

Was contract 19SN1024F0054 competed?

The extent of competition for 19SN1024F0054 was full and open competition.

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