Social- Government Insurance Programs: Other

Code G008
Child
Spend Category Level 1
Professional Services
Spend Category Level 2
Financial Services
Popular Federal Contract Opportunities
Not listed
Popular Federal Contract Awards
Not listed

PSC Category G008-P, "Social- Government Insurance Programs: Other," encompasses a broad range of insurance services primarily supporting U.S. government agencies' operational needs across international and domestic contexts. These services include third-party liability vehicle insurance, occupational accident coverage, health insurance for locally employed staff, workers' compensation programs, and specialized insurance for government-owned vehicle fleets. The insurance products are designed to mitigate risk, ensure compliance with local regulations, and provide comprehensive protection for government personnel and assets.

Federal Contract Awards in this category demonstrate consistent procurement of insurance services across multiple federal agencies, particularly the Department of State, Department of Agriculture, and Department of Labor. Awards typically range from $10,000 to $500,000, with contract durations spanning one to five years. Frequently awarded entities include Rf&G Life Insurance Company, Concordia, Miscellaneous Foreign Awardees, and Equans Zuid-Nederland B.V. Most contracts are firm fixed-price with economic price adjustment mechanisms, and none of the reviewed awards utilized small business set-asides. Performance locations are predominantly international, covering regions such as Belize, Belgium, Israel, Algeria, and various other countries where U.S. government missions operate.

Recent federal contract opportunities in this PSC category include solicitations for comprehensive insurance services such as pharmacy benefits management, dental insurance, occupational accident insurance, and third-party vehicle liability coverage. The Department of Labor is seeking a pharmacy benefits management service for workers' compensation programs, the Department of the Treasury is requesting dental insurance for its employees, and the Department of State is soliciting insurance for vehicle fleets in Belgium and Zimbabwe. These opportunities demonstrate a consistent need for specialized insurance products that support government operations, with performance locations primarily in the United States and at international diplomatic missions.

Generated 1/19/25, 1:20 AM