The Department of State Bureau of European and Eurasian Affairs awarded an indefinite delivery/indefinite quantity contract to Bulstrad Life Vienna Insurance Group EAD to provide medical insurance and services for locally employed staff in Europe and Eurasia. The IDIQ includes a single award contract valued at $2.8M to provide health insurance for locally employed staff in Cyprus through 2026. Two additional IDIQs were awarded in 2021 under this vehicle to provide health insurance for locally employed staff in Zagreb, Croatia through 2027 valued at $2.5M, and life insurance in Cyprus through 2025 valued at $1.2M.
Delivery orders issued against these IDIQs provide funding for medical insurance coverage, services and estimates on a monthly basis. Examples include delivery orders awarded on a firm-fixed price or fixed-price with economic price adjustment basis to Bulstrad Life Vienna Insurance Group EAD for medical estimates and insurance for locally employed staff in Cyprus, without use of set-asides. Orders ranged from $35-80K with periods of performance typically spanning one month. No subcontractors or places of performance beyond Cyprus and Croatia were identified. The Bureau utilizes these contracts to fund routine and emergency medical support for personnel stationed abroad in Europe and Eurasia in furtherance of U.S. foreign operations.
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