19J01023D0001 - AMMAN- HEALTH AND LIFE INSURANCE SERVICES. APPROVE... | Federal Compass

19J01023D0001 - AMMAN- HEALTH AND LIFE INSURANCE SERVICES. APPROVE...

Federal Contract Award Search » IDC Award

This IDC contract for Financial services was awarded in FY2023 on February 02, 2023 to AL-NISR AL-ARABI INSURANCE CO by Bureau of Near Eastern Affairs. There have been $34.8M in obligations to date with a ceiling value of $34.8M, showing a 100% burn rate so far on the contract. The contract was not competed under any preference program with 999 offers received. We expect a 2 year duration with ultimate completion date of February 27, 2025.

AL-NISR AL-ARABI INSURANCE CO is a contractor doing primarily Financial services work for State. The company receives $929.4k annually in federal awards (as of FY2020). 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.

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Contract Number
19J01023D0001
Obligations to Date
$34.8M
Ceiling Value
$34.8M
Award Date
02/02/2023
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
19J01023F0077 AL-NISR AL-ARABI INSURANCE CO $19.6k 03/07/2023
19J01023F0074 AL-NISR AL-ARABI INSURANCE CO $937.8k 03/09/2023
19J01023F0076 AL-NISR AL-ARABI INSURANCE CO $14.7k 03/13/2023
19J01023F0168 AL-NISR AL-ARABI INSURANCE CO $970.9k 05/31/2023
19J01023F0166 AL-NISR AL-ARABI INSURANCE CO $34.7k 06/04/2023
19J01023F0327 AL-NISR AL-ARABI INSURANCE CO $10k 09/10/2023
19J01023F0329 AL-NISR AL-ARABI INSURANCE CO $278.9k 09/11/2023
19J01023F0326 AL-NISR AL-ARABI INSURANCE CO $30k 09/11/2023
19J01023F0337 AL-NISR AL-ARABI INSURANCE CO $790.1k 09/11/2023
19J01023F0341 AL-NISR AL-ARABI INSURANCE CO $44.6k 09/29/2023
19J01024F0083 AL-NISR AL-ARABI INSURANCE CO $556.9k 12/31/2023
19J01024F0087 AL-NISR AL-ARABI INSURANCE CO $19.8k 01/29/2024
19J01024F0108 AL-NISR AL-ARABI INSURANCE CO $20.7k 02/26/2024
19J01024F0110 AL-NISR AL-ARABI INSURANCE CO $15.5k 02/29/2024
19J01024F0105 AL-NISR AL-ARABI INSURANCE CO $1M 02/29/2024
19J01024F0106 AL-NISR AL-ARABI INSURANCE CO $66.9k 03/07/2024

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