19CH5019D2000 - LE STAFF HEALTH AND LIFE INSURANCE SERVICES | Federal Compass

19CH5019D2000 - LE STAFF HEALTH AND LIFE INSURANCE SERVICES

Federal Contract Award Search » IDC Award

This IDC contract for Financial services was awarded in FY2019 on December 14, 2018 to AIA COMPANY LIMITED BEIJING BRANCH by Bureau of East Asian and Pacific Affairs. There have been $7M in obligations to date with a ceiling value of $7M, 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 6 year duration with ultimate completion date of July 30, 2024.

AIA COMPANY LIMITED BEIJING BRANCH is a contractor located in BEIJING, doing primarily Financial services work for State. The company receives $1.2M 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
19CH5019D2000
Obligations to Date
$7M
Ceiling Value
$7M
Award Date
12/14/2018
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
19CH5019F2008 AIA COMPANY LIMITED BEIJING BRANCH $557.6k 01/24/2019
19CH5019F2027 AIA COMPANY LIMITED BEIJING BRANCH $559.6k 08/09/2019
19CH5019F2026 AIA COMPANY LIMITED BEIJING BRANCH $15.2k 08/09/2019
19CH5020F2249 AIA COMPANY LIMITED BEIJING BRANCH $567.1k 02/27/2020
19CH5020F2428 AIA COMPANY LIMITED BEIJING BRANCH $585.9k 07/31/2020
19CH5021F2277 AIA COMPANY LIMITED BEIJING BRANCH $563.7k 01/27/2021
19CH5021F2636 AIA COMPANY LIMITED BEIJING BRANCH $578.7k 07/22/2021
19CH5022F2302 AIA COMPANY LIMITED BEIJING BRANCH $778.5k 03/14/2022
19CH5022F2529 AIA COMPANY LIMITED BEIJING BRANCH $727.6k 07/22/2022
19CH5023F2290 AIA COMPANY LIMITED BEIJING BRANCH $725.1k 01/19/2023
19CH5023F2663 AIA COMPANY LIMITED BEIJING BRANCH $687.1k 07/17/2023
19CH5024F2138 AIA COMPANY LIMITED BEIJING BRANCH $674.4k 12/06/2023

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