Foreign national health and life insurance
Active Indefinite Delivery Contract Awarded Last action
- Contract number
- FA488523D0001
- Awardee
-
Gulf Insurance Group UEI KZP5FLB7C916
- Awarding agency
-
Headquarters Air Force
Air Force, Department of Defense
- Task orders
- 3 $861,364 obligated
Award facts
- Combined order value
- $871,552 Current and potential, with all options
- Last date to order 71% complete
- Maximum order
- $250,000.00
- Award type
- Single award
- Who can order
- Only the awarding agency
- Funding agency
- Office of the Secretary of Defense Department of Defense
- NAICS code
- 524114 Direct Health and Medical Insurance Carriers
- Set-aside
- No set-aside
- Competition
- Full and Open Competition · 4 offers Negotiated Proposal / Quote
- Pricing
- Firm Fixed Price
Award details come from SAM.gov/FPDS.
About this IDV
This Indefinite Delivery Contract (IDC) was awarded by the Office of the Secretary of Defense, a defense agency, to Gulf Insurance Group, a for-profit organization based in Saudi Arabia. The contract has a ceiling value of $250,000.00 and a period of performance ending on March 31, 2028.
The IDC is for the procurement of FOREIGN NATIONAL HEALTH AND LIFE INSURANCE services. While the specific task orders or price lists were not provided, the contract aims to establish a vehicle through which the agency can acquire these insurance products and services over the 5-year ordering period. No set-asides were used, and this was a single-award contract. The prime contractor, Gulf Insurance Group, does not appear to have any prior experience as a federal prime awardee based on the information given.
Task orders
| Task order | Ordering agency | Obligated | Awarded |
|---|---|---|---|
| Foreign national medical and life insurance | Headquarters Air Force (USAF) | $69,054 | |
| Funding for usmtm members family and health insurance | Headquarters Air Force (USAF) | $546,921 | |
| Foreign national (FN) medical and life insurance benefits | Department of the Army | $245,389 |
Quick answers
Who was awarded contract FA488523D0001?
FA488523D0001 was awarded to Gulf Insurance Group by Headquarters Air Force (Air Force) on April 1, 2023.
How much is contract FA488523D0001 worth?
Orders under FA488523D0001 have obligated $861,364. Their combined current value, with exercised options, is $871,552. A single order can be worth up to $250,000.
How many orders have been placed under contract FA488523D0001?
3 orders have been placed under FA488523D0001, the latest on April 15, 2025.
Which agency awarded contract FA488523D0001?
Headquarters Air Force (Air Force) awarded FA488523D0001, with funding from Office of the Secretary of Defense (Department of Defense).
Who can order from contract FA488523D0001?
FA488523D0001 is a single award indefinite delivery contract. Only the awarding agency can place orders on it.
Was contract FA488523D0001 competed?
The extent of competition for FA488523D0001 was full and open competition. The government received 4 offers.
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