19SA7020D0003 - LIFE AND MEDICAL INSURANCE ONE YEAR BRIDGE CONTRAC... | Federal Compass

19SA7020D0003 - LIFE AND MEDICAL INSURANCE ONE YEAR BRIDGE CONTRAC...

Federal Contract Award Search » IDC Award

This IDC contract for Financial services was awarded in FY2020 on June 08, 2020 to MALATH COOPERATIVE INSURANCE AND REINSURANCE COMPANY by U.S. Embassy Saudi Arabia. There have been $3.7M in obligations to date with a ceiling value of $4M, showing a 92% burn rate so far on the contract. The contract was not competed under any preference program with 1 offer received. We expect a 1 year duration with ultimate completion date of June 29, 2021.

MALATH COOPERATIVE INSURANCE AND REINSURANCE COMPANY is a contractor doing primarily Healthcare > Medical Practitioners work for State. The company receives $927.8k 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
19SA7020D0003
Obligations to Date
$3.7M
Ceiling Value
$4M
Award Date
06/08/2020
Contract Type
IDC
Competition Set Aside Type
No set aside used

Buying Agency/Office
State » Political Affairs » Bureau of Near Eastern Affairs » U.S. Embassy Saudi Arabia


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Task Order History

Task Order No. Contractor Obligations Effective Date
19SA7020F0554 MALATH COOPERATIVE INSURANCE AND REINSURANCE COMPANY $153.2k 06/30/2020
19SA7020F0555 MALATH COOPERATIVE INSURANCE AND REINSURANCE COMPANY $13.6k 06/30/2020
19SA7020F0551 MALATH COOPERATIVE INSURANCE AND REINSURANCE COMPANY $43.4k 06/30/2020
19SA7020F0553 MALATH COOPERATIVE INSURANCE AND REINSURANCE COMPANY $20.6k 06/30/2020
19SA7020F0515 MALATH COOPERATIVE INSURANCE AND REINSURANCE COMPANY $441.7k 07/01/2020
19SA7020F0552 MALATH COOPERATIVE INSURANCE AND REINSURANCE COMPANY $255.3k 07/01/2020
19SA7021F0008 MALATH COOPERATIVE INSURANCE AND REINSURANCE COMPANY $155.3k 10/15/2020
19SA7021F0010 MALATH COOPERATIVE INSURANCE AND REINSURANCE COMPANY $260.7k 10/15/2020
19SA7021F0001 MALATH COOPERATIVE INSURANCE AND REINSURANCE COMPANY $42.6k 10/15/2020
19SA7021F0007 MALATH COOPERATIVE INSURANCE AND REINSURANCE COMPANY $13.7k 10/15/2020
19SA7021F0009 MALATH COOPERATIVE INSURANCE AND REINSURANCE COMPANY $20.9k 10/15/2020
19SA7021F0002 MALATH COOPERATIVE INSURANCE AND REINSURANCE COMPANY $429.1k 10/15/2020
19SA7021F0207 MALATH COOPERATIVE INSURANCE AND REINSURANCE COMPANY $13.3k 01/06/2021
19SA7021F0211 MALATH COOPERATIVE INSURANCE AND REINSURANCE COMPANY $19.8k 01/06/2021
19SA7021F0208 MALATH COOPERATIVE INSURANCE AND REINSURANCE COMPANY $424.4k 01/06/2021
19SA7021F0209 MALATH COOPERATIVE INSURANCE AND REINSURANCE COMPANY $41.8k 01/06/2021
19SA7021F0206 MALATH COOPERATIVE INSURANCE AND REINSURANCE COMPANY $151.6k 01/06/2021
19SA7021F0210 MALATH COOPERATIVE INSURANCE AND REINSURANCE COMPANY $253.4k 01/07/2021
19SA7021F0363 MALATH COOPERATIVE INSURANCE AND REINSURANCE COMPANY $151.5k 03/15/2021
19SA7021F0370 MALATH COOPERATIVE INSURANCE AND REINSURANCE COMPANY $260.3k 03/15/2021

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