TBC Insurance JSC
T'bilisi, Tbilisi
- UEI
- K282Z5G4MDG9
- CAGE
- SGYU7
- Primary NAICS
- 524114 Direct Health and Medical Insurance Carriers
- SAM.gov registration
- Active through
Company facts
- Self-certified in SAM.gov
- Entity structure
- Corporate Entity (Not Tax Exempt)
- NAICS codes registered in SAM.gov
- SAM.gov registration date
- Physical address
- Alexander Kazbegi Ave, T'bilisi, Georgia
- Website
- tbcinsurance.ge
- Founded
- 2016
- Employees
- 251-1K
- Estimated annual revenue
- $50M-$100M
- Industry
-
- Financials
- Insurance
- SIC code
- 63 Insurance Carriers
Registration and certifications come from SAM.gov and the SBA; company details from public web sources. Updated .
Recent federal awards
| Award | Agency | Obligated | Awarded |
|---|---|---|---|
| To-LES health insurance sept_NOV 2026 (90%EMB) | US Embassy Tbilisi | $196,449 | |
| To -LES health insurance sept_november 2026(10% empl) | US Embassy Tbilisi | $21,850 | |
| To -LES health insurance june-AUG 2026(10% empl) | US Embassy Tbilisi | $20,928 | |
| To-LES health insurance march-may 2026 (90%EMB) | US Embassy Tbilisi | $182,549 | |
| To -LES health insurance march_may 2026(10% empl) | US Embassy Tbilisi | $20,283 |
About TBC Insurance JSC
TBC Insurance JSC, a for-profit Georgian insurance company headquartered in Tbilisi, provides health insurance coverage for U.S. Embassy and USAID locally employed staff in Georgia as the sole prime contractor across a concentrated and recurring award footprint with the Department of State and USAID, operating entirely under full-and-open competition with no set-aside designations.
TBC Insurance JSC holds a single-award Indefinite Delivery Contract (IDC) valued at $4.9 million with the Bureau of European and Eurasian Affairs, effective September 1, 2025 through August 31, 2026, which serves as the primary vehicle through which the Department of State and USAID procure health insurance services for their personnel in Georgia. The company has maintained this contracting relationship since April 2020 and executes all work directly without subcontractors. Recent delivery orders include a $182,549 award for health insurance coverage (90% employee participation) from March through May 2026, a $189,404 award for the September through November 2025 period (90% participation), and a $21,068 award for September through November 2025 (10% participation), all structured as fixed-price contracts with economic price adjustment provisions. The recurring pattern consists of quarterly delivery orders, typically split between two tranches covering 90% and 10% of eligible staff, with individual orders ranging from approximately $11,700 to $213,000.
Customer concentration is extreme and static. The Bureau of European and Eurasian Affairs accounts for 52 awards (71% of total awards) valued at $18.1 million in combined potential value, and the US Agency for International Development Caucasus Georgia account accounts for 21 awards (29% of awards) valued at $445 thousand. Together these two agencies represent 100% of all awards. Within the parent vehicle breakdown, the older IDC 19GG8020D0002 anchors 64 task orders valued at $4.3 million combined potential value; a newer IDC 19GG8025D0001 carries 7 task orders valued at $635 thousand. All work is performed in Georgia. Across a sample of 73 total prime awards spanning 2020 to 2026, activity has remained relatively flat (twelve awards in 2022, thirteen in 2024, three year-to-date in 2026), with $4.9 million in combined dollars obligated as of the source date. Only one award carries an ultimate completion date within the next twenty-four months (combined potential value $21 thousand), indicating minimal recompete exposure in the near term given the September 2025 IDC award already in effect through August 2026.
Quick answers
What is TBC Insurance JSC's UEI?
TBC Insurance JSC's Unique Entity ID (UEI) in SAM.gov is K282Z5G4MDG9.
What is TBC Insurance JSC's CAGE code?
TBC Insurance JSC's CAGE code is SGYU7.
What is TBC Insurance JSC's primary NAICS code?
TBC Insurance JSC's primary NAICS code is 524114 (Direct Health and Medical Insurance Carriers).
Where is TBC Insurance JSC located?
TBC Insurance JSC's physical address in SAM.gov is Alexander Kazbegi Ave, T'bilisi, Georgia.
Is TBC Insurance JSC registered in SAM.gov?
Yes. TBC Insurance JSC's SAM.gov registration is active through August 10, 2027.
What is TBC Insurance JSC's most recent federal award?
TBC Insurance JSC's most recent federal contract award is To-LES health insurance sept_NOV 2026 (90%EMB) (19GG8026F0652), from US Embassy Tbilisi, on August 27, 2026.
On GovTribe
See TBC Insurance JSC's full federal record
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