Helicopter insurance

Ended Purchase Order Awarded Last action

Contract number
19PM0725P0170
Awardee
Awarding agency
Obligated
$223,321

Award facts

Opportunity
Contract value 100% obligated
$223,321.34 Current and potential, with all options
Completion date 100% complete
  • Current, with exercised options
  • Potential, with all options
Contracting staff
Funding agency
Bureau of International Narcotics Law Enforcement Department of State
Set-aside
No set-aside
Competition
Full and Open Competition · 6 offers Negotiated Proposal / Quote
Pricing
Firm Fixed Price
Place of performance
Panama

Award details come from SAM.gov/FPDS.

Transactions

Action Obligated Date
Supplemental Agreement for work within scope P00005 $0
Supplemental Agreement for work within scope P00004 $25,667
Supplemental Agreement for work within scope P00003 $25,667
Supplemental Agreement for work within scope P00002 $0
Supplemental Agreement for work within scope P00001 $0
Original award $171,988

About this award

The U.S. Department of State's Bureau of International Narcotics Law Enforcement awarded a firm fixed-price purchase order valued at $223,321.34 to Aseguradora Ancon, S.A. for helicopter insurance services supporting counter-narcotics operations in Panama. The contract, awarded on January 31, 2025, with performance through May 31, 2026, provides accident and liability insurance coverage for a fleet of nine UH-1ST helicopters operated by the U.S. Embassy in Panama. The solicitation, issued as a Request for Quotations in September 2024, required the contractor to be authorized to provide insurance services in the Republic of Panama with Spanish-speaking support staff and familiarity with Panama's Ministry of Public Security activities. This was a competitive procurement with no set-aside designation, awarded to the responsible offeror submitting the lowest acceptable price.

Aseguradora Ancon, S.A., a Panama-based insurance company specialized in providing aviation and personnel coverage to U.S. government agencies, executed this purchase order without subcontractor involvement. The awardee maintains an active indefinite delivery/indefinite quantity contract with the Department of State's Bureau of Western Hemisphere Affairs valued at $4.69 million through November 2028, under which it provides health and life insurance for approximately 210 local U.S. Embassy employees in Panama. The helicopter insurance purchase order represents the contractor's demonstrated expertise in aviation insurance for federal counter-narcotics activities in the region, building upon its established track record of reliable performance for the State Department in Panama.

Quick answers

Who was awarded contract 19PM0725P0170?

19PM0725P0170 was awarded to Aseguradora Ancon, S.A. by US Embassy Panama City (US Consulates and Embassies) on January 31, 2025.

How much is contract 19PM0725P0170 worth?

The government has obligated $223,321 on 19PM0725P0170.

Which agency awarded contract 19PM0725P0170?

US Embassy Panama City (US Consulates and Embassies) awarded 19PM0725P0170, with funding from Bureau of International Narcotics Law Enforcement (Department of State).

Was contract 19PM0725P0170 competed?

The extent of competition for 19PM0725P0170 was full and open competition. The government received 6 offers.

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