Pension insurance for lndh employees

Ended Purchase Order Awarded Last action

Contract number
FA557025P0032
Awardee
Awarding agency
Obligated
$209,332

Award facts

Contract value 100% obligated
$209,332.21 Current and potential, with all options
Completion date 100% complete
Current and potential, with all options
Contracting staff
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 P00001 $0
Original award $209,332

About this award

The U.S. Air Force awarded a firm fixed price purchase order valued at $209,332.21 to Storebrand Livsforsikring AS for pension insurance coverage for local national defense employees. The contract, awarded on September 30, 2025, with an ultimate completion date of August 31, 2026, will be performed in Norway. This award was issued through open competition with no set-aside designation. Storebrand Livsforsikring AS, a Norwegian insurance company and subsidiary of Storebrand ASA, is a registered SAM.gov vendor specializing in providing commercial off-the-shelf pension and group life insurance products to U.S. government entities, particularly those supporting military and defense operations in international locations.

Storebrand Livsforsikring AS has an established track record delivering insurance services to the Department of the Air Force and United States Air Forces in Europe - Air Forces Africa, with prior contract values ranging from $847 to approximately $241,800. The company's expertise in serving U.S. government personnel stationed abroad, combined with its consistent award history through firm fixed price blanket purchase agreements, demonstrates its capability to meet the Air Force's insurance requirements for its workforce in Norway. This contract supports the broader mission of providing administrative and logistical services to military personnel and civilians assigned to Air Force operations in European locations.

Quick answers

Who was awarded contract FA557025P0032?

FA557025P0032 was awarded to Storebrand Livsforsikring AS by Air Forces Europe and Africa (Air Force) on September 30, 2025.

How much is contract FA557025P0032 worth?

The government has obligated $209,332 on FA557025P0032.

Which agency awarded contract FA557025P0032?

Air Forces Europe and Africa (Air Force) awarded FA557025P0032, with funding from Air Force (Department of Defense).

Was contract FA557025P0032 competed?

The extent of competition for FA557025P0032 was not competed under sap. The government received 1 offer.

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