LES insurance premium

Ended Awarded Last action

Contract number
SSN10017F0133
Awardee
Awarding agency
Obligated
$11,924

Award facts

Contract value <1% obligated
  • $11,924.30 Current, with exercised options
  • $4,362,476.39 Potential, with all options
Completion date 100% complete
Current and potential, with all options
Funding agency
Economic Development Administration Department of Commerce
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.

Transactions

Action Obligated Date
Funding Only Action 2 · M002-LES insurance premium - correct life insurance premium $175
Change Order 1 · M001-LES insurance premium - correct health insurance premium $19
Original award $11,730

About this award

This federal contract award is for the provision of life and health insurance premiums for locally employed staff working at U.S. government facilities in Singapore. The prime contractor, AIA Singapore Private Limited, is a for-profit organization that has received multiple delivery orders from various U.S. government agencies, including the Departments of State, Commerce, Navy, and Homeland Security, to fund these insurance premiums.

The current award, valued at $4,362,476.39, is a delivery order contract with a firm fixed price pricing type. It was issued by the Department of Commerce's Economic Development Administration and has a completion date of January 16, 2018. No set-aside designation was used for this award. AIA Singapore Private Limited also holds two indefinite delivery contracts from the State Department's Bureau of East Asian and Pacific Affairs to provide life and health insurance, one awarded in August 2022 for $200,000 over 6 months and another awarded in February 2023 for $2.3 million over 5 years, with multiple delivery orders issued against these IDCs.

Quick answers

Who was awarded contract SSN10017F0133?

SSN10017F0133 was awarded to AIA Singapore Private LIMITED by US Embassy Singapore (US Consulates and Embassies) on May 2, 2017.

How much is contract SSN10017F0133 worth?

The government has obligated $11,924 on SSN10017F0133. Its potential value, with all options, is $4,362,476.

Which agency awarded contract SSN10017F0133?

US Embassy Singapore (US Consulates and Embassies) awarded SSN10017F0133, with funding from Economic Development Administration (Department of Commerce).

Is contract SSN10017F0133 an order under another contract?

Yes. SSN10017F0133 is a delivery order under SSN10017D0002, an indefinite delivery contract.

Was contract SSN10017F0133 competed?

The extent of competition for SSN10017F0133 was full and open competition.

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