SZI15016D0006 -

This IDC contract for Financial services, Healthcare > Professional Services, Business Admin Services, Healthcare > Medical Practitioners was awarded in FY2016 on September 13, 2016 to FIDELITY LIFE ASSURANCE OF ZIMBABWE (PVT) LTD by Bureau of African Affairs. There have been $761k in obligations to date with a ceiling value of $761k, 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 January 30, 2022.

FIDELITY LIFE ASSURANCE OF ZIMBABWE (PVT) LTD is a contractor doing primarily Financial services work for State. The company receives $670.2k 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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Buying Agency/Office

State » Political Affairs » Bureau of African Affairs

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