Health and life insurance for LE staff

Active Indefinite Delivery Contract Awarded Last action

Contract number
19C02024D0005
Awardee
Awarding agency
Task orders
3 $2,892,682 obligated

Award facts

Opportunity
Combined order value
$2,892,682 Current and potential, with all options
Last date to order 40% complete
IDV ceiling 31% used
$9,211,614.00
Award type
Single award
Who can order
Only the awarding agency
Funding agency
US Embassy Caracas US Consulates and Embassies, Department of State
Set-aside
No set-aside
Competition
Full and Open Competition · 3 offers Negotiated Proposal / Quote
Pricing
Fixed Price with Economic Price Adjustment
Legislative mandates

Award details come from SAM.gov/FPDS.

About this IDV

The U.S. Embassy Caracas, through the U.S. Department of State, awarded a single-award indefinite delivery contract to Seguros Caracas C.A. on October 10, 2024, with a ceiling value of $9,211,614 and an ultimate completion date of October 10, 2029. No set-aside was used. The contract procures health and life insurance services for locally employed staff of the U.S. Mission in Caracas, Venezuela, covering an estimated 208 employees and 627 family members. Performance occurs in Venezuela.

The originating solicitation, posted June 14, 2024, sought firm fixed price health and life insurance coverage for locally employed staff with a base year plus four one-year option periods. The contract is unfunded and operates as a delivery order vehicle.

Recent task-order activity under this IDIQ includes a delivery order valued at $1,244,681.61, awarded to Seguros Caracas C.A. on September 19, 2025, by the Bureau of Diplomatic Security, with an ultimate completion date of October 9, 2026, for health and life insurance services for locally employed staff in Caracas. Orders are issued by the Bureau of Diplomatic Security and the Bureau of Western Hemisphere Affairs.

Task orders

Task order Ordering agency Obligated Awarded
Caracas - health and life insurance for LE staff 19C02025F1362 US Embassy Bogota (DOS) $1,244,682
PR15031789: task order - caracas - health and life insurance f. 19C02025F0171 US Embassy Bogota (DOS) $784,254
PR - caracas - task order h & l insurance caracas LE staff 19C02024F1316 US Embassy Bogota (DOS) $863,746

Transactions

Action Obligated Date
Supplemental Agreement for work within scope P00003 $0
Exercise an Option P00002 $0
Other Administrative Action P00001 $0
Original award $0

Quick answers

Who was awarded contract 19C02024D0005?

19C02024D0005 was awarded to Seguros Caracas C.A. by US Embassy Bogota (US Consulates and Embassies) on October 10, 2024.

How much is contract 19C02024D0005 worth?

Orders under 19C02024D0005 have obligated $2,892,682. 19C02024D0005's own ceiling is $9,211,614.

How many orders have been placed under contract 19C02024D0005?

3 orders have been placed under 19C02024D0005, the latest on September 19, 2025.

Which agency awarded contract 19C02024D0005?

US Embassy Bogota (US Consulates and Embassies) awarded 19C02024D0005, with funding from US Embassy Caracas (US Consulates and Embassies).

Who can order from contract 19C02024D0005?

19C02024D0005 is a single award indefinite delivery contract. Only the awarding agency can place orders on it.

Was contract 19C02024D0005 competed?

The extent of competition for 19C02024D0005 was full and open competition. The government received 3 offers.

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