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Department of State Awarded a Contract to TBC INSURANCE JSC for $188,142.54

Signed on

5/11/2026, 12:00 AM

TBC INSURANCE JSC Government Contract #19GG8026F0368

TBC INSURANCE JSC was awarded a contract with the United States Government for $188,142.54. 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, a foreign-owned insurance company based in Georgia. The contract, funded by the Department of State, is for insurance services from June to August 2026, worth $188,142.54. The notable transaction shows that the full contract amount was obligated on the same date it was signed, indicating upfront payment for the services.

Contract Details

Contract ID19GG8026F0368
Contract TypeC
Total Obligation$188,142.54
Exercised Options$188,142.54
Base Amount + Options$188,142.54
Date Signed2026-05-11
Contract DescriptionTO-LES HEALTH INSURANCE JUNE-AUG 2026 (90%EMB)
Start Date2026-05-11
End Date2026-06-06

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 | $188,142.54May 11, 2026

Department of State, a sub agency of Department of State, issued a payment of $188,142.54 to TBC INSURANCE JSC. The payment included a Subsidy Cost of $0.00.

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