LES insurance premium
Ended Awarded Last action
- Contract number
- 19SN1024F0055
- Awardee
-
AIA Singapore Private LIMITED UEI S9K7L37K8CD3
- Awarding agency
-
US Embassy Singapore
US Consulates and Embassies, Department of State
- Obligated
- $19,630
Award facts
- Contract value 100% obligated
- $19,629.57 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
- NAICS code
- 524210 Insurance Agencies and Brokerages
- 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 | $2 | |
| Funding Only Action | $15,910 | |
| Original award | $3,717 |
About this award
This federal contract award is for the provision of life and health insurance coverage to the U.S. government for locally employed staff working in Singapore. The prime contractor, AIA Singapore Private Limited, is a for-profit organization that specializes in offering these insurance services to multiple federal agencies, including the Department of State, Department of Commerce, Department of the Navy, and Department of Homeland Security.
The contract is a delivery order with a fixed price and economic price adjustment pricing type, with a ceiling value of $19,629.57 and a period of performance through July 31, 2024. AIA Singapore holds two indefinite delivery contracts (IDCs) with the Department of State's Bureau of East Asian and Pacific Affairs for these insurance services, with a combined potential value exceeding $2.67 million. The most recent IDC was awarded in February 2023 and has a ceiling of $2.47 million, with multiple delivery orders already issued by State, Commerce, and Navy agencies totaling over $800,000.
This contract award does not have a set-aside designation, and no major subcontractors were identified.
Quick answers
Who was awarded contract 19SN1024F0055?
19SN1024F0055 was awarded to AIA Singapore Private LIMITED by US Embassy Singapore (US Consulates and Embassies) on February 1, 2024.
How much is contract 19SN1024F0055 worth?
The government has obligated $19,630 on 19SN1024F0055.
Which agency awarded contract 19SN1024F0055?
US Embassy Singapore (US Consulates and Embassies) awarded 19SN1024F0055, with funding from Bureau of East Asian and Pacific Affairs (Department of State).
Is contract 19SN1024F0055 an order under another contract?
Yes. 19SN1024F0055 is a delivery order under 19SN1023D0001, an indefinite delivery contract.
Was contract 19SN1024F0055 competed?
The extent of competition for 19SN1024F0055 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