GovChime
IDVOther than small business

IDC (single-award IDV) SHK30015D0001CHINA TAIPING INSURANCE (HK) COMPANY LIMITED

Overview

Award facts

Obligated on orders under this IDV
$2.31M
$2,305,300 across 12 orders
Period of performance
From Sep 30, 2015
Modifications
6
Latest action Sep 14, 2020
Contract type
IDC (single-award IDV)
PIID SHK30015D0001

Description of requirement

HK HR CONTRACT AWARD OF LES MEDICAL INSURANCE "OTHER FUNCTION" - IGF::OT::IGF

Dates and value

Award date
Signed on Sep 21, 2015
Ordering period ends
Sep 29, 2020
Ceiling
Ceiling (single-award vehicle): $2,416,048

Source: Federal Procurement Data System contract actions as published by SAM.gov and USAspending.gov; latest action recorded Sep 14, 2020. View on USAspending · Recipient on SAM.gov

Recipient

NameCHINA TAIPING INSURANCE (HK) COMPANY LIMITED
LocationCAUSEWAY BAY, HKG
UEILY7ZXZUNNXA3
CAGE codeSZC11
Business sizeOther than small businessSize at award, per the contracting officer
Parent companyCHINA TAIPING INSURANCE (HK) COMPANY LIMITED

Business types and certifications

Foreign-ownedFor-profit organization

Self-reported at the time of the action.

Agency and place

Awarding and funding

Awarded by
  1. Department of State
  2. AMERICAN EMBASSY HONG KONG
Funded by
  1. Department of State
  2. BUREAU OF EAST ASIAN AND PACIFIC

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
Fixed price with economic price adjustmentK
Offers received
1

Solicitation and notices

Solicitation ID
SHK30015R0001
Notices

Contract details

Subcontracting plan
Plan not included - no subcontracting possibilitiesA
Cost Accounting Standards clause
No - CAS waiver approvedN
Certified cost or pricing data
Yes
Commercial procedures
Commercial item procedures not usedD
Government-furnished property
Transaction does not use GFE/GFPN
Bundled requirement
Not a bundled requirementD
Consolidated requirement
No
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 21, 2015
Latest action
Sep 14, 2020 — Option exercisedModification M006
Latest substantive action
Sep 14, 2020 — Option exercisedModification M006
Actions by type
  • Base award1
  • Option exercised5
  • Change order1
7 actions recorded, Sep 21, 2015 to Sep 14, 2020; 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)
Yes
Simplified procedures for commercial items
No
A-76 (FAIR Act) action
No

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

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
1900
Awarding sub-tier code
1900
Contracting office code
19HK30
Transactions recorded under this award key
7

Funding

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