FY18 pension insur 7 lndh & 3 retirees

Ended Purchase Order Awarded Last action

Contract number
FA557018P0002
Awardee
Awarding agency
Obligated
$102,400

Award facts

Opportunity
Contract value 100% obligated
$102,400.17 Current and potential, with all options
Completion date 100% complete
Current and potential, with all options
Funding agency
Air Force Department of Defense
NAICS code
525110 Pension Funds
Set-aside
No set-aside
Competition
Not Competed under SAP · 1 offer Simplified Acquisition
Pricing
Firm Fixed Price
Place of performance
Norway

Award details come from SAM.gov/FPDS.

Transactions

Action Obligated Date
Funding Only Action P00002 $7,284
Funding Only Action P00001 $9,042
Original award $86,074

About this award

This contract was awarded by the Department of the Air Force to Storebrand Livsforsikring AS, the insurance division of Storebrand ASA, a leading Nordic insurance and long-term savings company. The $102,400.17 firm fixed price contract is for pension insurance services for 7 landholders and 3 retirees. The contract does not have a set-aside designation. This award is associated with a larger 5-year Indefinite Delivery Vehicle (IDV) blanket purchase agreement with the Department of the Air Force, awarded in 2019, with a potential value of $113,322, to provide commercial off-the-shelf pension and group life insurance products and services to Air Force employees at Stavanger Air Base in Norway.

Quick answers

Who was awarded contract FA557018P0002?

FA557018P0002 was awarded to Storebrand Livsforsikring AS by Air Forces Europe and Africa (Air Force) on October 1, 2017.

How much is contract FA557018P0002 worth?

The government has obligated $102,400 on FA557018P0002.

Which agency awarded contract FA557018P0002?

Air Forces Europe and Africa (Air Force) awarded FA557018P0002, with funding from Air Force (Department of Defense).

Was contract FA557018P0002 competed?

The extent of competition for FA557018P0002 was not competed under sap. The government received 1 offer.

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