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Department of State Awarded a Contract to TBC INSURANCE JSC for $4,900,000.00

Signed on

7/21/2025, 12:00 AM

TBC INSURANCE JSC Government Contract #19GG8025D0001

TBC INSURANCE JSC was awarded a contract with the United States Government for $4,900,000.00. The contract was awarded by the agency office U.S. EMBASSY TBILISI, which is a division with the Department of State within the Department of State.

Summary of Award

The recipient of the federal contract is TBC INSURANCE JSC, based in Georgia, that specializes in social non-government insurance programs. The contract, funded by the Department of State, is an indefinite delivery/indefinite quantity deal worth $4,900,000. A notable transaction shows that no money has been spent yet as of the latest update.

Contract Details

Contract ID19GG8025D0001
Contract TypeIDV_B_B
Total Obligation$0.00
Exercised Options
Base Amount + Options$4,900,000.00
Date Signed2025-07-21
Contract DescriptionIDIQ CONTR FOR HEALTH INSURANCE FOR US EMBASSY TBS LE STAFF
Start Date2025-09-01
End Date2026-08-31

Agency Details

Awarding AgencyDepartment of State
Awarding Sub AgencyDepartment of State
Awarding OfficeU.S. EMBASSY TBILISI
Funding AgencyDepartment of State
Funding Sub AgencyDepartment of State
Funding OfficeBUREAU OF EUROPEAN AND EURASIAN AFF

Recipient Details

RecipientTBC INSURANCE JSC
Recipient LocationIII FLOOR TBILISI , GEORGIA
Business CategoriesCategory Business, Corporate Entity Not Tax Exempt, Foreign Owned, Not Designated a Small Business, Special Designations

Comments

Award Transactions

Transaction #0 | $0.00July 21, 2025

Department of State, a sub agency of Department of State, issued a payment of $0.00 to TBC INSURANCE JSC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

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