Indefinite Delivery Contract 19LE2024D0002

Award Date 2/13/24
Last Date to Order 2/12/29
Funding Federal Agency
Bureau of Near Eastern Affairs
Contracting Federal Agency
US Embassy Beirut
Ultimate Awardee
Not listed
Set-Aside Type
No Set-Aside Used
Federal Contract Vehicle
Pricing Type
Firm Fixed Price
Legislative Mandate
Not listed
National Interest Action
None
Award Type
Single
Primary Consortia Member
Not listed
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  • 19LE2024D0002
    Indefinite Delivery Contract
  • 18
    Federal Contract Awards

The Department of State Bureau of Near Eastern Affairs awarded a single-award Indefinite Delivery Contract to Bankers Assurance Sal for life insurance services. The contract has a potential value of $1,485,014.50 and a period of performance from February 13, 2024 through February 12, 2029.

The original solicitation sought proposals to provide life insurance coverage for locally employed staff at the U.S. Embassy in Beirut, Lebanon. The base period of performance was for twelve months with four optional one-year extensions. The contract was awarded without discussion to the lowest priced technically acceptable offeror. The services procured under this contract include providing life insurance policies and administering claims for local staff over the five-year period of performance.

This contract aims to ensure life insurance protections are in place for local staff supporting diplomatic operations at the U.S. Embassy in Lebanon. Bankers Assurance Sal will deliver these services over the five-year ordering period to help the Department of State provide standard benefits to its foreign national workforce stationed abroad.

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