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Department of State Awarded a Contract to ASEGURADORA ANCON, S.A. for $197,654.66

Signed on

1/31/2025, 12:00 AM

ASEGURADORA ANCON, S.A. Government Contract #19PM0725P0170

ASEGURADORA ANCON, S.A. was awarded a contract with the United States Government for $197,654.66. The contract was awarded by the agency office U.S. EMBASSY PANAMA CITY, which is a division with the Department of State within the Department of State.

Summary of Award

The recipient of the federal contract is Aseguradora Ancon, S.A., a foreign-owned insurance company in Panama. The contract, issued by the Department of State, is for helicopter insurance with a total obligation of $197,654.66. Notable transactions include multiple payments to the recipient, with the highest transaction amount being $171,987.98 on the date of contract signing.

Contract Details

Contract ID19PM0725P0170
Contract TypeB
Total Obligation$197,654.66
Exercised Options$197,654.66
Base Amount + Options$197,654.66
Date Signed2025-01-31
Contract DescriptionHELICOPTER INSURANCE
Start Date2025-01-31
End Date2026-01-30

Agency Details

Awarding AgencyDepartment of State
Awarding Sub AgencyDepartment of State
Awarding OfficeU.S. EMBASSY PANAMA CITY
Funding AgencyDepartment of State
Funding Sub AgencyDepartment of State
Funding OfficeBUREAU OF INTERNATIONAL NARCOTICS

Recipient Details

RecipientASEGURADORA ANCON, S.A.
Recipient LocationAVENIDA CENTENARIO, CALLE PRINCIPAL PANAMA , PANAMA
Business CategoriesCategory Business, Foreign Owned, Not Designated a Small Business, Special Designations

Comments

Award Transactions

Transaction #P00003$25,666.68January 22, 2026

Department of State, a sub agency of Department of State, issued a payment of $25,666.68 to ASEGURADORA ANCON, S.A.. The payment included a Subsidy Cost of $0.00.

Transaction #P00002$0.00March 25, 2025

Department of State, a sub agency of Department of State, issued a payment of $0.00 to ASEGURADORA ANCON, S.A.. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00001$0.00February 24, 2025

Department of State, a sub agency of Department of State, issued a payment of $0.00 to ASEGURADORA ANCON, S.A.. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #0$171,987.98January 31, 2025

Department of State, a sub agency of Department of State, issued a payment of $171,987.98 to ASEGURADORA ANCON, S.A.. The payment included a Subsidy Cost of $0.00.

Transaction #P00004$25,666.68March 19, 2026

Department of State, a sub agency of Department of State, issued a payment of $25,666.68 to ASEGURADORA ANCON, S.A.. The payment included a Subsidy Cost of $0.00.

Transaction #P00003$25,666.68January 22, 2026

Department of State, a sub agency of Department of State, issued a payment of $25,666.68 to ASEGURADORA ANCON, S.A.. The payment included a Subsidy Cost of $0.00.

Transaction #P00002$0.00March 25, 2025

Department of State, a sub agency of Department of State, issued a payment of $0.00 to ASEGURADORA ANCON, S.A.. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00001$0.00February 24, 2025

Department of State, a sub agency of Department of State, issued a payment of $0.00 to ASEGURADORA ANCON, S.A.. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #0$171,987.98January 31, 2025

Department of State, a sub agency of Department of State, issued a payment of $171,987.98 to ASEGURADORA ANCON, S.A.. The payment included a Subsidy Cost of $0.00.