19LE2022D0002 - HEALTH INSURANCE SERVICES CONTRACT FOR ONE BASE YE...
Federal Contract Award Search » IDC Award
This IDC contract for Financial services was awarded in FY2022 on Aug 5, 2022 to AMERICAN LIFE INSURANCE CO. (LEBANON BRANCH) by Bureau of Near Eastern Affairs. There have been $12.8M in obligations to date with a ceiling value of $15.9M, showing a 80% burn rate so far on the contract. The contract was not competed under any preference program with 4 offers received. We expect a 5 year duration with ultimate completion date of Aug 11, 2027.
AMERICAN LIFE INSURANCE CO. (LEBANON BRANCH) is a contractor doing primarily Financial services work for State. Also, they have shown success winning IDC contracts concentrated mainly on a singular customer focused portfolio.
The Federal Government competes and awards an Indefinite Delivery Contract (IDC) to support requirements where the quantity and time of delivery are unknown. Typically referred to as Indefinite Delivery-Indefinite Quantity (IDIQ) contracts, the Government has the option of awarding a single or multiple award IDIQ. Once awarded, an IDIQ acts as a master agreement between the Federal Government and one or more contractors. On an as-needed basis, Federal buying organizations place orders, commonly referred to as Task Orders against an IDIQ, to purchase goods or services available through the IDIQ.
- Contract Number
- 19LE2022D0002
- Contractor
- AMERICAN LIFE INSURANCE CO. (LEBANON BRANCH)
- Obligations to Date
- $12.8M
- Ceiling Value
- $15.9M
- Award Date
- 08/05/2022
- Contract Type
- IDC
- Competition Set Aside Type
- No set aside used
- Buying Agency/Office
- State»Political Affairs»Bureau of Near Eastern Affairs
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Task Order History
| Task Order No. | Contractor | Obligations | Effective Date |
|---|---|---|---|
| 19LE2022F0909 | AMERICAN LIFE INSURANCE CO. (LEBANON BRANCH) | $710.9k | 08/12/2022 |
| 19LE2023F0099 | AMERICAN LIFE INSURANCE CO. (LEBANON BRANCH) | $1.5M | 11/10/2022 |
| 19LE2023F0381 | AMERICAN LIFE INSURANCE CO. (LEBANON BRANCH) | $715.3k | 02/09/2023 |
| 19LE2023F0707 | AMERICAN LIFE INSURANCE CO. (LEBANON BRANCH) | $742.5k | 05/16/2023 |
| 19LE2023F1025 | AMERICAN LIFE INSURANCE CO. (LEBANON BRANCH) | $806.4k | 08/17/2023 |
| 19LE2024F0105 | AMERICAN LIFE INSURANCE CO. (LEBANON BRANCH) | $811.3k | 11/09/2023 |
| 19LE2024F0344 | AMERICAN LIFE INSURANCE CO. (LEBANON BRANCH) | $784.3k | 02/05/2024 |
| 19LE2024F0654 | AMERICAN LIFE INSURANCE CO. (LEBANON BRANCH) | $803.6k | 05/08/2024 |
| 19LE2024F1104 | AMERICAN LIFE INSURANCE CO. (LEBANON BRANCH) | $900k | 08/09/2024 |
| 19LE2025F0067 | AMERICAN LIFE INSURANCE CO. (LEBANON BRANCH) | $941.4k | 11/14/2024 |
| 19LE2025F0340 | AMERICAN LIFE INSURANCE CO. (LEBANON BRANCH) | $907.2k | 02/21/2025 |
| 19LE2025F0580 | AMERICAN LIFE INSURANCE CO. (LEBANON BRANCH) | $931.8k | 05/13/2025 |
| 19LE2025F0820 | AMERICAN LIFE INSURANCE CO. (LEBANON BRANCH) | $1.1M | 08/07/2025 |
| 19LE2026F0030 | AMERICAN LIFE INSURANCE CO. (LEBANON BRANCH) | $1.2M | 02/02/2026 |
