LES INS. Premium

Ended Awarded Last action

Contract number
19SN1024F0261
Awardee
Awarding agency
Obligated
$20,242

Award facts

Contract value 100% obligated
$20,242.07 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
PSC
G009 Social- Non-Government Insurance Programs
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.

About this award

This is a fixed-price delivery order contract awarded by the Department of State's Bureau of East Asian and Pacific Affairs to AIA Singapore Private Limited, a for-profit organization that provides life and health insurance services. The $20,242.07 award is for "LES INS. PREMIUM", which refers to providing insurance coverage for locally employed staff working at U.S. government facilities in Singapore.

The contract has an ultimate completion date of January 31, 2025 and is not set aside for any specific business type. 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 awarded in August 2022 having a $200,000 ceiling and the second IDC awarded in February 2023 having a $2.47 million ceiling. This delivery order is likely part of the ongoing work under these IDCs, which also involve funding from the Departments of Commerce and Navy in addition to various State Department bureaus.

Quick answers

Who was awarded contract 19SN1024F0261?

19SN1024F0261 was awarded to AIA Singapore Private LIMITED by US Embassy Singapore (US Consulates and Embassies) on August 1, 2024.

How much is contract 19SN1024F0261 worth?

The government has obligated $20,242 on 19SN1024F0261.

Which agency awarded contract 19SN1024F0261?

US Embassy Singapore (US Consulates and Embassies) awarded 19SN1024F0261, with funding from Bureau of East Asian and Pacific Affairs (Department of State).

Is contract 19SN1024F0261 an order under another contract?

Yes. 19SN1024F0261 is a delivery order under 19SN1023D0001, an indefinite delivery contract.

Was contract 19SN1024F0261 competed?

The extent of competition for 19SN1024F0261 was full and open competition.

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