19PK33-25-R-7027 -- Life Insurance Services for Locally Employed Staff (LES) at U. S. Mission, Pakistan

Awarded Limited / Sole Source Justification Posted

Solicitation number
19PK33-25-R-7027
Agency
Set-aside
No set-aside

Opportunity facts

Contract number
19PK3325D1004 Federal IDV award
NAICS code
524113 Direct Life Insurance Carriers
Place of performance
Pakistan

Notice details come from SAM.gov. Updated .

About this opportunity

The Department of State has issued a Limited / Sole Source Justification Notice for life insurance services for Locally Employed Staff (LES) at the U.S. Mission in Pakistan. The contract was awarded to Pak-Qatar Family Takaful (Pvt.) Ltd. on March 25, 2025, covering employees in Islamabad, Peshawar, Lahore, and Karachi. The insurance package includes basic life insurance for natural death, accidental death and dismemberment, and disability coverage, with insurance amounts ranging from 30 to 48 times an employee's monthly basic salary. The base year contract value is PKR 15,923,547.90 (approximately US$ 57,073.64), with a total contract value of PKR 83,356,602.40 (US$ 298,769.00) for the base year and four additional option years. The contract includes provisions for economic price adjustments based on experience ratings, with no adjustments permitted during the first twelve months and subsequent modifications subject to mutual agreement and comprehensive claims documentation.

Notice text

Award Notice for Life Insurance Services for Locally Employed Staff (LES) at U.S. Mission, Pakistan for base plus four one-year option periods. The contract is awarded on March 25, 2025 to Pak-Qatar Family Takaful (Pvt.) Ltd. Suit#102-105, Business Arcade, P.E.C.H.S, Block 6, Shahrah Faisal, Karachi, Pakistan. The contract base year value: PKR 15,923,547.90 (US$ 57,073.64); Total Contract value for base plus four option years: PKR 83,356,602.40 (US$ 298,769.00).

Awarded contract 19PK3325D1004 to unknown vendor for unknown amount on 2025-03-25.

Files

File Type Posted
Executed Contract 19PK3325D1004.pdf PDF

Notice history

Notice Type Posted
This notice Latest Limited / Sole Source Justification
19PK33-25-R-7027 -- Life Insurance Services for Locally Employed Staff (LES) at U. S. Mission, Pakistan Latest solicitation Solicitation
19PK33-24-R-6098 is replaced by 19PK33-25-R-7027 -- Life Insurance Services for Locally Employed Staff (LES) at U. S. Mission, Pakistan Original Pre-Solicitation

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