Oracle Insurance Brokers LIMITED

Oracle Insurance Brokers LIMITED, a for-profit limited liability company registered in Abuja, Nigeria, provides group life insurance services to U.S. government personnel stationed in Nigeria as a prime contractor on a single customer relationship with the Department of State's Bureau of African Affairs. The vendor operates exclusively as a prime under a multiple-award indefinite delivery contract and does not hold SBA set-aside designations; all work is competed on a full-and-open basis with no set-asides applied.

Oracle Insurance Brokers' federal footprint is entirely concentrated with the Bureau of African Affairs, which accounts for all eight prime awards and the full $5.2 million in combined potential value. The vendor holds a primary IDIQ vehicle (19N10222D0002), a multiple-award indefinite delivery contract valued at $2,291,072.51 running through August 2027, from which the Bureau has issued six task orders since August 2022. Representative delivery orders include a $623 thousand firm fixed-price task order awarded August 9, 2024, for group life insurance services with ultimate completion May 31, 2025; a $492.2 thousand delivery order issued August 8, 2025, designated as Option Year 3; and a $487.6 thousand delivery order issued July 28, 2026, with ultimate completion July 27, 2027. All work is performed in Nigeria and supports Life Insurance Services for Employees (LES) procurement under PSC Social-Government Life Insurance Programs.

Award activity has slowed materially since the initial year. The vendor received four awards in 2022 (the IDIQ award plus three delivery orders) and has averaged one award annually from 2023 through 2026. Combined dollars obligated equal 100% of combined potential value, indicating full drawdown across the award set. One award reaches ultimate completion within the next twenty-four months (combined potential value $488 thousand), exposing the vendor to recompete risk on a single task order against the existing IDIQ ceiling. The vendor holds no subcontract positions and no presence on other federal vehicles. Oracle Insurance Brokers operates as the sole provider of group life insurance services under this IDIQ relationship, with cumulative delivered value exceeding $1.2 million between August 2022 and August 2025.