GovChime
IDVOther than small business

IDC (single-award IDV) FA488523D0001GULF INSURANCE GROUP

Overview

Award facts

Obligated on orders under this IDV
$861.36K
$861,364 across 3 orders
Period of performance
From Apr 1, 2023
Modifications
0
Latest action Mar 30, 2023
Contract type
IDC (single-award IDV)
PIID FA488523D0001

Description of requirement

FOREIGN NATIONAL HEALTH AND LIFE INSURANCE

Dates and value

Award date
Signed on Mar 30, 2023
Ordering period ends
Mar 31, 2028
Ceiling
Ceiling (single-award vehicle): $250,000

The Department of Defense funded and awarded this contract. DoD contract actions are withheld at the source for about 90 days after signature, so actions signed after Aug 3, 2026 are not yet public.

Source: Federal Procurement Data System contract actions as published by SAM.gov and USAspending.gov; latest action recorded Mar 30, 2023. View on USAspending · Recipient on SAM.gov

Recipient

NameGULF INSURANCE GROUP
LocationRIYADH, SAU
UEIKZP5FLB7C916
CAGE code08XLE
Business sizeOther than small businessSize at award, per the contracting officer
Organization typeCorporate not tax exempt
Parent companyGULF INSURANCE GROUP

Business types and certifications

For-profit organizationCorporation (not tax-exempt)

Self-reported at the time of the action.

Agency and place

Awarding and funding

Awarded by
  1. Department of Defense
  2. Department Of The Air Force
  3. FA4885 HQ USMTM LGC
Funded by
  1. Department of Defense
  2. Immediate Office Of The Secretary Of Defense
  3. HQ, US MTM SAS FAO

Classification and competition

Classification

NAICS
524114DIRECT HEALTH AND MEDICAL INSURANCE CARRIERS
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
Offers received
4

Contract details

Subcontracting plan
Plan not included - no subcontracting possibilitiesA
Cost Accounting Standards clause
Not applicable exempt from CASX
Certified cost or pricing data
No
Service Contract Act labor standards
No
Commercial procedures
Commercial products/servicesA
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

Transaction history

Modification history

Base award
Mar 30, 2023
Latest action
Mar 30, 2023 — Base awardModification 0
Actions by type
  • Base award1
1 actions recorded, Mar 30, 2023 to Mar 30, 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
Synopsized publicly (SAM.gov / FedBizOpps)
No
Simplified procedures for commercial items
No

Pricing and financing

Latest action: change in base and all options
$250,000

Socio-economic and policy

Inherently governmental functions
Other functionsOT
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
Single awardS
Awarding agency code
9700
Awarding sub-tier code
5700
Contracting office code
FA4885
Transactions recorded under this award key
1

Funding

Funding agency code
9700
Funding sub-tier code
97AD
Funding office code
HQ0698