Department of State Awarded a Contract to AMERICAN LIFE INSURANCE CO. (LEBANON BRANCH) for $15,928,733.34

Q: Where is AMERICAN LIFE INSURANCE CO. (LEBANON BRANCH) located?

J M PLAZA BUILDING BEIRUT LEBANON

Signed on

8/5/2022, 12:00 AM

AMERICAN LIFE INSURANCE CO. (LEBANON BRANCH) Government Contract #19LE2022D0002

AMERICAN LIFE INSURANCE CO. (LEBANON BRANCH) was awarded a contract with the United States Government for $15,928,733.34. The contract was awarded by the agency office U.S. EMBASSY BEIRUT, which is a division with the Department of State within the Department of State.

Summary of Award

The recipient of the federal contract is American Life Insurance Co. (Lebanon Branch), located in Beirut, Lebanon. The contract is for health insurance services spanning five years, funded by the Department of State with a total value of $15,928,733.34. Notable features include a multi-year contract with a foreign-owned business incorporated in the U.S.

Contract Details

Contract ID19LE2022D0002

Contract TypeIDV_B_B

Total Obligation$0.00

Exercised Options

Base Amount + Options$15,928,733.34

Date Signed2022-08-05

Contract DescriptionHEALTH INSURANCE SERVICES CONTRACT FOR ONE BASE YEAR AND FOUR OPTION YEARS COVERING THE PERIOD FROM AUGUST 13, 2022 UNTIL AUGUST 12, 2027.

Start Date2022-08-13

End Date2027-08-12

Agency Details

Awarding AgencyDepartment of State

Awarding Sub AgencyDepartment of State

Awarding OfficeU.S. EMBASSY BEIRUT

Funding AgencyDepartment of State

Funding Sub AgencyDepartment of State

Funding OfficeBUREAU OF NEAR EASTERN AFFAIRS

Recipient Details

RecipientAMERICAN LIFE INSURANCE CO. (LEBANON BRANCH)

Recipient LocationJ M PLAZA BUILDING BEIRUT , LEBANON

Business CategoriesCategory Business, Foreign-Owned and U.S.-Incorporated Business, International Organization, Not Designated a Small Business, Special Designations