19BX6020D0002 - BRU-GSO-CONTRACT AWARD FOR LE MEDICAL INSURANCE | Federal Compass

19BX6020D0002 - BRU-GSO-CONTRACT AWARD FOR LE MEDICAL INSURANCE

Federal Contract Award Search » IDC Award

This IDC contract for Financial services was awarded in FY2020 on August 20, 2020 to TAKAFUL BRUNEI KELUARGA SDN BHD by Bureau of East Asian and Pacific Affairs. There have been $756.9k in obligations to date with a ceiling value of $800.3k, showing a 95% burn rate so far on the contract. The contract was not competed under any preference program with 999 offers received. We expect a 5 year duration with ultimate completion date of September 25, 2025.

TAKAFUL BRUNEI KELUARGA SDN BHD is a contractor located in BRUNEI & MUARA, doing primarily Financial services work for State. The company receives $61.8k 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
19BX6020D0002
Obligations to Date
$756.9k
Ceiling Value
$800.3k
Award Date
08/20/2020
Contract Type
IDC
Competition Set Aside Type
No set aside used

Buying Agency/Office
State » Political Affairs » Bureau of East Asian and Pacific Affairs


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Task Order History

Task Order No. Contractor Obligations Effective Date
19BX6020F0051 TAKAFUL BRUNEI KELUARGA SDN BHD $61.8k 08/21/2020
19SN1021F0039 TAKAFUL BRUNEI KELUARGA SDN BHD $29.6k 12/28/2020
19BX6021F0003 TAKAFUL BRUNEI KELUARGA SDN BHD $28.8k 03/17/2021
19BX6021F0010 TAKAFUL BRUNEI KELUARGA SDN BHD $27.5k 06/28/2021
19BX6021F0012 TAKAFUL BRUNEI KELUARGA SDN BHD $28.8k 09/16/2021
19BX6022F0001 TAKAFUL BRUNEI KELUARGA SDN BHD $28k 12/27/2021
19BX6022F0017 TAKAFUL BRUNEI KELUARGA SDN BHD $27.8k 04/06/2022
19BX6022F0020 TAKAFUL BRUNEI AM SDN BHD $27.8k 06/28/2022
19BX6022F0031 TAKAFUL BRUNEI AM SDN BHD $27.6k 09/25/2022
19BX6023F0001 TAKAFUL BRUNEI AM SDN BHD $28k 12/29/2022
19BX6023F0013 TAKAFUL BRUNEI AM SDN BHD $27.8k 03/16/2023
19BX6023F0022 TAKAFUL BRUNEI AM SDN BHD $55.1k 06/28/2023
19BX6023F0037 TAKAFUL BRUNEI AM SDN BHD $29.2k 09/08/2023
19BX6024F0003 TAKAFUL BRUNEI AM SDN BHD $29.9k 12/27/2023
19BX6024F0017 TAKAFUL BRUNEI AM SDN BHD $29.8k 03/24/2024

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