Afma SA

Afma SA, a Moroccan corporate entity based in Casablanca, provides locally employed staff health, life, and disability insurance services to the U.S. Department of State as a prime contractor operating exclusively in full-and-open competition with no set-aside designations. The vendor holds two indefinite delivery vehicles (IDVs) with the Bureau of Near Eastern Affairs and serves as the sole direct provider of insurance coverage for U.S. diplomatic personnel at the U.S. Embassy in Rabat, Morocco.

Afma SA's federal footprint is narrowly concentrated within State Department diplomatic operations in Morocco. All ten recent awards and both parent IDVs derive from the Department of State, split between the Bureau of Near Eastern Affairs (seven awards, $16.3 million combined potential value) and the U.S. Embassy Rabat (three awards, $3.9 million combined potential value). The vendor operates exclusively as a prime contractor with no subcontract activity. Recent delivery orders include a $6.997 million order covering locally employed staff health insurance through December 31, 2025; a $430.8 thousand order for health insurance services from July through December 2026; and a $35.5 thousand order covering the April-June 2026 period. The vendor's capability portfolio centers on health insurance (seven awards), basic life insurance (three awards), and disability insurance (two awards), all priced on a firm fixed-price basis with economic price adjustment clauses.

Afma SA holds a single-award IDV valued at $3.754 million (awarded January 1, 2023, through December 31, 2026) and a multiple-award IDV valued at $7.034 million (through December 31, 2027), from which six and two task orders respectively have been issued. Combined potential value across all awards stands at $20.1 million with $9.3 million obligated (46% execution rate). Activity shows volatile annual volume — four awards in 2023, one each in 2024 and 2025, and two in 2026 — reflecting delivery-order timing patterns against the two parent IDVs rather than market growth. Only two awards (combined potential value $436 thousand) reach completion inside the next twenty-four months, providing limited near-term recompete exposure. The vendor registered in SAM.gov in September 2022 and has accumulated approximately $9.89 million in annual delivery orders since the initial IDV award in January 2023, establishing a stable but geographically narrow customer relationship confined to State Department insurance procurement for a single diplomatic post in Morocco.