Vehicle insurance
Ended Purchase Order Awarded Last action
- Contract number
- 19KS7026P0335
- Awardee
-
ACE Risk Management Services LTD. UEI YGFSANXX2J25
- Awarding agency
-
US Embassy Seoul
US Consulates and Embassies, Department of State
- Obligated
- $24,739
Award facts
- Contract value 100% obligated
- $24,739.42 Current and 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
- 524210 Insurance Agencies and Brokerages
- Set-aside
- No set-aside
- Competition
- Competed under SAP · 1 offer Simplified Acquisition
- Pricing
- Firm Fixed Price
- Place of performance
- South Korea
Award details come from SAM.gov/FPDS.
About this award
The U.S. Department of State's Bureau of East Asian and Pacific Affairs awarded a $24,739.42 firm fixed-price purchase order contract to ACE Risk Management Services LTD. for vehicle insurance services. The contract, issued on March 17, 2026, carries an ultimate completion date of April 1, 2027, and was awarded without set-aside designation. ACE Risk Management Services LTD., a South Korea-based for-profit entity registered in SAM.gov, will perform the work in South Korea. The contractor serves as the prime vendor with no identified subcontractors on this engagement.
This contract represents part of an ongoing procurement pattern between the Bureau of East Asian and Pacific Affairs and ACE Risk Management Services LTD., with similar vehicle insurance purchase orders awarded annually since 2021. The consistent annual renewal cycle, fixed completion dates near April 1st, and contract values ranging historically from approximately $35,000 to $50,000 demonstrate the contractor's established role as a specialized insurance service provider supporting U.S. diplomatic operations throughout the East Asian and Pacific region. The firm fixed-price structure provides budget certainty for vehicle insurance coverage at the place of performance in South Korea.
Quick answers
Who was awarded contract 19KS7026P0335?
19KS7026P0335 was awarded to ACE Risk Management Services LTD. by US Embassy Seoul (US Consulates and Embassies) on March 17, 2026.
How much is contract 19KS7026P0335 worth?
The government has obligated $24,739 on 19KS7026P0335.
Which agency awarded contract 19KS7026P0335?
US Embassy Seoul (US Consulates and Embassies) awarded 19KS7026P0335, with funding from Bureau of East Asian and Pacific Affairs (Department of State).
Was contract 19KS7026P0335 competed?
The extent of competition for 19KS7026P0335 was competed under sap. The government received 1 offer.
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