LES group life insurance services july 1 to september 30, 2016
Ended Awarded Last action
- Contract number
- SRP38016F0461
- Awardee
-
Philhealthcare, Inc. UEI F3NLQGEL7J39
- Awarding agency
-
US Embassy Manila
US Consulates and Embassies, Department of State
- Obligated
- $404,842
Award facts
- Contract value 3% obligated
-
- $1,710,556.25 Current, with exercised options
- $11,916,567.00 Potential, with all options
- Completion date 100% complete
-
- Current, with exercised options
- Potential, with all options
- Funding agency
- Bureau of East Asian and Pacific Affairs Department of State
- NAICS code
- 524114 Direct Health and Medical Insurance Carriers
- Set-aside
- No set-aside
- Competition
- Full and Open Competition · 2 offers Negotiated Proposal / Quote
- Pricing
- Firm Fixed Price
- Place of performance
- Philippines
Award details come from SAM.gov/FPDS.
Transactions
| Action | Obligated | Date |
|---|---|---|
| Other Administrative Action | $0 | |
| Funding Only Action | $0 | |
| Original award | $404,842 |
About this award
This federal contract award is for the provision of group life insurance services to the U.S. Department of State's Bureau of East Asian and Pacific Affairs from July 1, 2016, to June 30, 2021. The contract has a ceiling value of $11,916,567.00 and is structured as a firm fixed-price delivery order. The prime contractor is Philhealthcare, Inc., a for-profit health maintenance organization registered in the Philippines that specializes in providing comprehensive health insurance services to federal government agencies. This contract is not designated as a set-aside. Philhealthcare, Inc. also holds two primary federal contract indefinite delivery vehicles (IDVs) with the Bureau of East Asian and Pacific Affairs, one single-award IDV valued at $14,718,287.72 and one multiple-award Blanket Purchase Agreement valued at $36,000, further demonstrating the company's long-standing relationship with this agency and its expertise in delivering specialized services in the East Asian and Pacific region.
Quick answers
Who was awarded contract SRP38016F0461?
SRP38016F0461 was awarded to Philhealthcare, Inc. by US Embassy Manila (US Consulates and Embassies) on July 1, 2016.
How much is contract SRP38016F0461 worth?
The government has obligated $404,842 on SRP38016F0461. Its current value, with exercised options, is $1,710,556. Its potential value, with all options, is $11,916,567.
Which agency awarded contract SRP38016F0461?
US Embassy Manila (US Consulates and Embassies) awarded SRP38016F0461, with funding from Bureau of East Asian and Pacific Affairs (Department of State).
Is contract SRP38016F0461 an order under another contract?
Yes. SRP38016F0461 is a delivery order under SRP38016D0010, an indefinite delivery contract.
Was contract SRP38016F0461 competed?
The extent of competition for SRP38016F0461 was full and open competition. The government received 2 offers.
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