GovChime
IDVOther than small business

IDC (multiple-award IDV) 19VE3018D0006SEGUROS CARACAS C.A.

Overview

Award facts

Obligated on orders under this IDV
$5.21M
$5,209,279 across 11 orders
Period of performance
From Oct 1, 2018
Modifications
6
Latest action Sep 18, 2023
Contract type
IDC (multiple-award IDV)
PIID 19VE3018D0006

Description of requirement

HEALTH AND LIFE INSURANCE

Dates and value

Award date
Signed on Sep 4, 2018
Ordering period ends
Mar 31, 2024
Ceiling
Shared program ceiling (all awardees of this multiple-award vehicle, not a per-awardee value): $7,118,448

Source: Federal Procurement Data System contract actions as published by SAM.gov and USAspending.gov; latest action recorded Sep 18, 2023. View on USAspending · Recipient on SAM.gov

Recipient

NameSEGUROS CARACAS C.A.
LocationCARACAS, VEN
UEILPDBCAAHT1V8
CAGE codeSXB90
Business sizeOther than small businessSize at award, per the contracting officer
Organization typeInternational org
Parent companyLIBERTY MUTUAL HOLDING COMPANY INC.

Business types and certifications

Foreign-ownedFor-profit organizationInternational organization

Self-reported at the time of the action.

Agency and place

Awarding and funding

Awarded by
  1. Department of State
  2. U.S. EMBASSY CARACAS
Funded by
  1. Department of State
  2. U.S. EMBASSY CARACAS

Classification and competition

Classification

NAICS
524210INSURANCE AGENCIES AND BROKERAGES
Product or service (PSC)
G009SOCIAL- NON-GOVERNMENT INSURANCE PROGRAMS (service)

Competition

Extent competed
Full and open competitionA
Solicitation procedures
Negotiated proposal/quoteNP
Set-aside
No set-aside used
Contract pricing
Firm fixed priceJ

Contract details

Subcontracting plan
Plan not included - no subcontracting possibilitiesA
Cost Accounting Standards clause
No - CAS waiver approvedN
Certified cost or pricing data
No
Service Contract Act labor standards
No
Commercial procedures
Commercial products/services procedures not usedD
Government-furnished property
Transaction does not use GFE/GFPN
Bundled requirement
Not bundledH
Consolidated requirement
Not consolidatedD
Undefinitized action (terms not final)
No
Multi-year contract
No
Performance-based service acquisition
No - service where PBA is not used.N

Transaction history

Modification history

Base award
Sep 4, 2018
Latest action
Sep 18, 2023 — Option exercisedModification P00006
Latest substantive action
Sep 18, 2023 — Option exercisedModification P00006
Actions by type
  • Base award1
  • Option exercised4
  • Supplemental agreement (within scope)1
  • Other administrative action1
7 actions recorded, Sep 4, 2018 to Sep 18, 2023; each action counted once.

All contract data

All contract data

Every other field reported for this award, as of its latest reported action

Competition

Evaluation preference
No preference used
Local area set-aside
No
Simplified procedures for commercial items
No
A-76 (FAIR Act) action
No

Pricing and financing

Latest action: change in base and all options
$1,101,865

Socio-economic and policy

Inherently governmental functions
Closely associatedCL
Recovered materials and sustainability
No clauses included and no sustainability includedC
Clinger-Cohen Act planning (IT)
No
Walsh-Healey Act (materials and supplies)
No
Construction wage rates (Davis-Bacon)
No

Place and origin

Domestic or foreign entity
Foreign-owned business not incorporated in the U.S.D

Structure

Award or IDV
IDV
IDV type
IDCB
Indefinite-delivery contract type
Indefinite delivery / indefinite quantityB
Multiple or single award
Multiple awardM
Awarding agency code
1900
Awarding sub-tier code
1900
Contracting office code
19VE30
Transactions recorded under this award key
7

Funding

Funding agency code
1900
Funding sub-tier code
1900
Funding office code
19VE30