LES INS. Premium (FEB 1 - JUL 31, 2018) - ODC

Ended Awarded Last action

Contract number
19SN1018F0095
Awardee
Awarding agency
Obligated
$6,120

Award facts

Contract value <1% obligated
  • $6,120.24 Current, with exercised options
  • $1,500,499.85 Potential, with all options
Completion date 100% complete
Current and potential, with all options
Funding agency
Defense Security Cooperation Agency Department of Defense
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
Firm Fixed Price
Place of performance
Singapore

Award details come from SAM.gov/FPDS.

About this award

AIA Singapore Private Limited has been awarded a firm fixed price delivery order by the Defense Security Cooperation Agency to provide $1,500,499.85 in life insurance premiums for locally employed staff in Singapore from February 1 to July 31, 2018. This delivery order was issued against two indefinite delivery contracts held by AIA Singapore with the Department of State's Bureau of East Asian and Pacific Affairs. The first, valued at $200,000, was awarded in August 2022 to provide insurance for six months and had five delivery orders totaling approximately $147,000 issued by State, Commerce, and Navy bureaus. The second, valued at $2.3 million, was awarded in February 2023 for a five-year period of performance through January 2028 and had eleven associated delivery orders to fund insurance for State, Commerce, and Navy personnel in Singapore over six-month to one-year periods. No set-aside provisions were applied to these contracts or delivery orders.

Quick answers

Who was awarded contract 19SN1018F0095?

19SN1018F0095 was awarded to AIA Singapore Private LIMITED by US Embassy Singapore (US Consulates and Embassies) on February 1, 2018.

How much is contract 19SN1018F0095 worth?

The government has obligated $6,120 on 19SN1018F0095. Its potential value, with all options, is $1,500,500.

Which agency awarded contract 19SN1018F0095?

US Embassy Singapore (US Consulates and Embassies) awarded 19SN1018F0095, with funding from Defense Security Cooperation Agency (Department of Defense).

Is contract 19SN1018F0095 an order under another contract?

Yes. 19SN1018F0095 is a delivery order under SSN10017D0002, an indefinite delivery contract.

Was contract 19SN1018F0095 competed?

The extent of competition for 19SN1018F0095 was full and open competition.

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