SUL America Seguros De Pessoas E Previdencia S.A.

SUL America Seguros De Pessoas E Previdencia S.A., a Brazilian-based for-profit insurance organization, provides life insurance and employee benefits coverage to U.S. federal government personnel stationed abroad as a prime contractor on a single Indefinite Delivery Contract with the Department of State.

The vendor operates exclusively in the full-and-open market without set-aside designations across its federal footprint. SUL America's sole federal vehicle is a five-year IDC titled "BSB HR Life Insurance Plan for Mission Brazil" (contract number 19BR2525D0004), awarded May 1, 2025, with a $348,387.06 ceiling value extending through April 30, 2030. The vendor's federal work is narrowly concentrated: three delivery orders have been issued under this master contract to date, all from the Department of State's Bureau of Western Hemisphere Affairs on behalf of the U.S. Embassy Brasilia. The three task orders carry combined obligated value of $44,309.70 against the contract ceiling and cover life insurance services on a quarterly or periodic basis — September-December 2025 ($17,315.07), January-February 2026 ($10,523.59), and March-May 2026 ($16,471.04, with economic price adjustment provisions). All performance is conducted at the vendor's operations center located at 2135 N Keene Road, Clearwater, Florida.

SUL America has no subcontract footprint and no presence on government-wide acquisition contracts or agency-wide vehicles; the vendor operates solely under the Brazil Embassy life insurance IDC. Activity is nascent — the first federal award appears on May 1, 2025 — with three awards in 2025 and one in early 2026. The combined federal potential value across all awards totals $393,309.70, but only $44,309.70 has been obligated to date (11% of ceiling), indicating the contract remains in its early drawdown phase. Customer concentration is absolute: the Department of State accounts for 100% of awards through two sub-components (the IDC holder and the issuing bureau). This vendor serves a specialized, geographically bounded niche — life insurance administration for U.S. diplomatic personnel in Brazil — with no broader federal market exposure or multi-agency customer base.