1ER option year LES health, life, AP insurance

Ended Awarded

Contract number
SVE30015F0001
Awardee
Awarding agency
Obligated
$1,586,603

Award facts

Contract value 100% obligated
$1,586,602.74 Current and potential, with all options
Completion date 100% complete
Current and potential, with all options
Funding agency
Bureau of Western Hemisphere 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 · 2 offers Multiple Award, Fair Opportunity
Pricing
Firm Fixed Price
Place of performance
Venezuela

Award details come from SAM.gov/FPDS.

About this award

This is a delivery order contract awarded by the Bureau of Western Hemisphere Affairs, a civilian agency within the U.S. Department of State, to Seguros Caracas C.A., a Venezuelan insurance company. The contract, valued at $1,586,602.74, is for the first option year of life, health, and personal accident insurance coverage for U.S. government personnel, including diplomatic and law enforcement staff, operating in Venezuela and Colombia. The contract is a firm fixed price delivery order with no set-aside designation. Seguros Caracas has been awarded multiple contracts by the Department of State for these specialized insurance services and holds two significant Indefinite Delivery Contracts (IDCs) valued at $1,000,000.00 and $9,211,614.00 to provide health and life insurance coverage for Locally Employed staff of the U.S. Mission in Caracas, Venezuela.

Quick answers

Who was awarded contract SVE30015F0001?

SVE30015F0001 was awarded to Seguros Caracas C.A. by US Embassy Caracas (US Consulates and Embassies) on July 27, 2015.

How much is contract SVE30015F0001 worth?

The government has obligated $1,586,603 on SVE30015F0001.

Which agency awarded contract SVE30015F0001?

US Embassy Caracas (US Consulates and Embassies) awarded SVE30015F0001, with funding from Bureau of Western Hemisphere Affairs (Department of State).

Is contract SVE30015F0001 an order under another contract?

Yes. SVE30015F0001 is a delivery order under SVE30014D0002, an indefinite delivery contract.

Was contract SVE30015F0001 competed?

The extent of competition for SVE30015F0001 was full and open competition. The government received 2 offers.

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