LES insurance premium
Ended Awarded Last action
- Contract number
- 19SN1026F0059
- Awardee
-
AIA Singapore Private LIMITED UEI S9K7L37K8CD3
- Awarding agency
-
US Embassy Singapore
US Consulates and Embassies, Department of State
- Obligated
- $27,570
Award facts
- Contract value 100% obligated
- $27,570.17 Current and potential, with all options
- Completion date 100% complete
- Current and potential, with all options
- Funding agency
- Bureau of Consular 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.
About this award
The U.S. Department of State's Bureau of Consular Affairs awarded a delivery order valued at $27,570.17 to AIA Singapore Private Limited for locally employed staff (LES) insurance premium services. This fixed-price delivery order with economic price adjustment authority carries an ultimate completion date of July 31, 2026, and was issued on February 1, 2026. The contract carries no set-aside designation, indicating open competition. AIA Singapore Private Limited, a for-profit insurance services organization headquartered in Singapore, specializes in providing life and health insurance coverage for locally employed personnel working at U.S. government facilities throughout the Asia-Pacific region.
This delivery order was issued under a larger Indefinite Delivery Contract vehicle established by the Bureau of East Asian and Pacific Affairs in February 2023, which carries a potential value of $2.47 million and extends through January 2028. The IDC mechanism enables multiple U.S. government agencies—including the Department of State, Department of Commerce, and Department of the Navy—to rapidly procure insurance services for personnel stationed in Singapore. AIA Singapore Private Limited has established itself as a critical insurance provider for U.S. diplomatic, consular, and trade operations in the region, with historical delivery orders typically ranging from $10,000 to $145,000.
Quick answers
Who was awarded contract 19SN1026F0059?
19SN1026F0059 was awarded to AIA Singapore Private LIMITED by US Embassy Singapore (US Consulates and Embassies) on February 1, 2026.
How much is contract 19SN1026F0059 worth?
The government has obligated $27,570 on 19SN1026F0059.
Which agency awarded contract 19SN1026F0059?
US Embassy Singapore (US Consulates and Embassies) awarded 19SN1026F0059, with funding from Bureau of Consular Affairs (Department of State).
Is contract 19SN1026F0059 an order under another contract?
Yes. 19SN1026F0059 is a delivery order under 19SN1023D0001, an indefinite delivery contract.
Was contract 19SN1026F0059 competed?
The extent of competition for 19SN1026F0059 was full and open competition.
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