Supplemental health insurance services approved by OPE on december 11, 2024
Active Indefinite Delivery Contract Awarded Last action
- Contract number
- 19GR1025D0003
- Awardee
-
NN Hellenic Life Insurance Company Single Member S.A. UEI XTFPYHC3E2Y5
- Awarding agency
-
US Embassy Athens
US Consulates and Embassies, Department of State
- Task orders
- 7 $2,568,438 obligated
Award facts
- Opportunity
- Combined order value
- $2,568,438 Current and potential, with all options
- Last date to order 93% complete
- IDV ceiling 52% used
- $4,966,441.00
- Award type
- Multiple award
- Who can order
- Only the awarding agency
- Funding agency
- Bureau of European and Eurasian Affairs Department of State
- NAICS code
- 524114 Direct Health and Medical Insurance Carriers
- Set-aside
- No set-aside
- Competition
- Full and Open Competition Negotiated Proposal / Quote
- Pricing
- Fixed Price with Economic Price Adjustment
Award details come from SAM.gov/FPDS.
About this IDV
NN Hellenic Life Insurance Company Single Member S.A., a Greece-based for-profit insurance provider, holds a multiple-award Indefinite Delivery Contract (IDC) with the U.S. Department of State's Bureau of European and Eurasian Affairs valued at $4.97 million, effective January 1, 2025 through December 31, 2026. The IDC was approved by the Office of Procurement Executive on December 11, 2024, and permits the delivery of supplemental health insurance services with no set-aside designation. This contract vehicle establishes the framework for task order issuance to provide ongoing medical insurance coverage to Department of State personnel stationed abroad, specifically supporting the U.S. Embassy in Athens, Greece and affiliated locations. The contract utilizes firm fixed-price and fixed-price-with-economic-price-adjustment pricing structures to ensure cost certainty and allow for inflation adjustments as applicable.
Two task orders have been issued under this IDC framework to date. The first task order, awarded January 1, 2025, carries a ceiling value of $600,936.90 with performance through June 30, 2025, utilizing fixed-price-with-economic-price-adjustment pricing. The second task order, awarded June 30, 2025, is valued at $671,344.08 and extends performance through December 31, 2027. Both deliveries occur in Greece and provide supplemental medical insurance for active local staff and their dependents, as well as Civil Service Retirement annuitants and their dependents. The pre-solicitation notice posted September 4, 2024, indicates the Government's intent to procure firm fixed-price contracts with a base year and four one-year option periods, establishing supplemental health insurance coverage as a critical employee benefit program for Department of State operations in the European theater.
Task orders
Transactions
| Action | Obligated | Date |
|---|---|---|
| Exercise an Option | $0 | |
| Original award | $0 |
Quick answers
Who was awarded contract 19GR1025D0003?
19GR1025D0003 was awarded to NN Hellenic Life Insurance Company Single Member S.A. by US Embassy Athens (US Consulates and Embassies) on January 1, 2025.
How much is contract 19GR1025D0003 worth?
Orders under 19GR1025D0003 have obligated $2,568,438. 19GR1025D0003's own ceiling is $4,966,441.
How many orders have been placed under contract 19GR1025D0003?
7 orders have been placed under 19GR1025D0003, the latest on September 30, 2026.
Which agency awarded contract 19GR1025D0003?
US Embassy Athens (US Consulates and Embassies) awarded 19GR1025D0003, with funding from Bureau of European and Eurasian Affairs (Department of State).
Who can order from contract 19GR1025D0003?
19GR1025D0003 is a multiple award indefinite delivery contract. Only the awarding agency can place orders on it.
Was contract 19GR1025D0003 competed?
The extent of competition for 19GR1025D0003 was full and open competition.
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