19GG8022D0004 - IDIQ CONTRACT FOR TPL INSURANCE FOR US EMBASSY TBI... | Federal Compass

19GG8022D0004 - IDIQ CONTRACT FOR TPL INSURANCE FOR US EMBASSY TBI...

Federal Contract Award Search » IDC Award

This IDC contract for Financial services was awarded in FY2022 on April 19, 2022 to INSURANCE COMPANY ALDAGI JSC by Bureau of European and Eurasian Affairs. There have been no obligations to date with a ceiling value of $35k, showing a 0% burn rate so far on the contract. The contract was not competed under any preference program with 3 offers received. We expect a 2 year duration with ultimate completion date of April 29, 2024.

INSURANCE COMPANY ALDAGI JSC is a contractor doing primarily Financial services work for State. Also, they have shown success winning No/Limited Bias 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.

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Contract Number
19GG8022D0004
Obligations to Date
$0k
Ceiling Value
$35k
Award Date
04/19/2022
Contract Type
IDC
Competition Set Aside Type
No set aside used

Buying Agency/Office
State » Political Affairs » Bureau of European and Eurasian Affairs


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