Takaful Brunei Am SDN BHD

Takaful Brunei Am SDN BHD, a for-profit Bruneian corporate entity headquartered in Bandar Seri Begawan, is an Islamic insurance (takaful) specialist providing health insurance coverage for locally employed staff at the U.S. Embassy in Brunei as a prime contractor operating exclusively under full-and-open competition with no set-aside designations. The vendor holds a single-award indefinite delivery contract and has executed recurring quarterly delivery orders with the Department of State since 2020.

Takaful Brunei Am SDN BHD's federal footprint is narrowly concentrated within the Department of State. The top two customers—the Bureau of Diplomatic Security (19 awards, $654 thousand combined potential value) and the Bureau of East Asian and Pacific Affairs (2 awards, $2.4 million combined potential value)—account for 100% of recent awards. The concentration reflects a specialized niche: all 21 awards across the past five years fall under NAICS 541512 (Insurance Agencies and Brokerages) or 524114 (Direct Health and Medical Insurance Carriers), with PSC coding exclusively in Social-Government Health Insurance Programs. The vendor is the exclusive provider under two parent indefinite delivery contracts: a five-year, $1.82 million IDC (19BX6020D0002) awarded in August 2020 that generated 18 quarterly task orders from $27 thousand to $55 thousand each through September 2025, and a newer single-award IDC (19GE5026D0001) valued at $568,989 awarded on March 27, 2026, with ultimate completion on March 26, 2027, that provides three-tier health coverage (Self Only, Self Plus One, Family) with four optional annual renewal periods through March 2031.

Representative delivery orders include a $102,588 order issued March 27, 2026, for health insurance coverage through March 26, 2027; a $29,444 quarterly order covering December 27, 2025 through March 26, 2026; and a $30,810 order for the September 27–December 26, 2025 period. All awards are firm fixed price with economic price adjustment, carry no set-aside, and support the healthcare requirements of approximately 65 to 68 foreign national employees and eligible dependents across coverage tiers. Activity remains stable at four awards per calendar year since 2022, with one recompete cliff event: a single $103 thousand award reaching completion in the next twenty-four months. The vendor operates as a 100% prime contractor with no subcontract footprint and has obligated $924 thousand against a combined potential value of $3 million across all awards.