Health and life insurance renewal

Ended Awarded

Contract number
SVE30016F0012
Awardee
Awarding agency
Obligated
$750,085

Award facts

Contract value 100% obligated
$750,085.02 Current and potential, with all options
Completion date
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 · 3 offers Multiple Award, Fair Opportunity
Pricing
Firm Fixed Price
Place of performance
Venezuela

Award details come from SAM.gov/FPDS.

About this award

This federal contract award, valued at $750,085.02, was issued by the U.S. Department of State's Bureau of Western Hemisphere Affairs to the prime contractor Seguros Caracas C.A., a Venezuelan insurance company. The contract is a Firm Fixed Price Delivery Order for the provision of health and life insurance renewal services for U.S. government personnel, including diplomatic and law enforcement staff, operating in Venezuela and Colombia. The contract does not have a set-aside designation.

Seguros Caracas C.A. is the sole prime contractor on this award and has no identified subcontractors. The company holds two significant Indefinite Delivery Contracts (IDCs) with the Department of State, one valued at $1,000,000.00 and the other at $9,211,614.00, both focused on providing health and life insurance coverage for Locally Employed (LE) staff of the U.S. Mission in Caracas, Venezuela. These IDCs serve as vehicles for issuing task orders to support insurance services and staffing needs for U.S. personnel in the challenging international environments of Venezuela and Colombia.

Quick answers

Who was awarded contract SVE30016F0012?

SVE30016F0012 was awarded to Seguros Caracas C.A. by US Embassy Caracas (US Consulates and Embassies) on July 15, 2016.

How much is contract SVE30016F0012 worth?

The government has obligated $750,085 on SVE30016F0012.

Which agency awarded contract SVE30016F0012?

US Embassy Caracas (US Consulates and Embassies) awarded SVE30016F0012, with funding from Bureau of Western Hemisphere Affairs (Department of State).

Is contract SVE30016F0012 an order under another contract?

Yes. SVE30016F0012 is a delivery order under SVE30014D0002, an indefinite delivery contract.

Was contract SVE30016F0012 competed?

The extent of competition for SVE30016F0012 was full and open competition. The government received 3 offers.

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