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Public Agency

Life Insurance LES U.S. Santiago Chile

Solicitation: 0AkiDAghsIfziSqsncdE
Notice ID: 6b2b05715ca261ae964030a99f76960a
Contract snapshot

Federal opportunity from Public Agency. Place of performance: United States.

Source
Open on official portal →
Solicitation
0AkiDAghsIfziSqsncdE
Performance
United States
Response
No due date posted
Open on official portal →
Live POP
Place of performance
United States
Contracting office
Not listed

Point of Contact

Not available

Agency & Office

Department
Public Agency
Agency
Not available
Subagency
Not available
Office
Procurement
Contracting Office Address
Not available

Applicable wage determinations

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Description

The U.S. Embassy in Santiago, Chile is seeking a life insurance provider for its locally employed staff. The anticipated performance period is for a base year, with three one-year option periods, if exercised by the Government. The resultant contract will be a firm fixed price type contract. The Embassy encourages all responsible sources to submit a quotation, which will be considered.

• The contract is for life insurance for locally employed staff at the U.S. Embassy in Santiago, Chile.

•... | Title: Life Insurance LES U.S. Santiago Chile, Agency: U.S. Department Of State, State: District of Columbia, Open Date: 2/5/2026, Close Date: 3/30/2026, Last Updated Date: 2/11/2026

Advisory bid range

Pricing and bid posture

high confidence
$316,256 - $374,822

Contractor-side estimate from visible notice metadata, NAICS/PSC, contract type, schedule hints, and BidPulsar workpaper assumptions. Not an IGCE, incumbent price, award value, or government budget.

Calibrate full bid price →
Floor
$316,256
Target
$334,663
Premium
$374,822
Labor
$167,120
Direct
$15,500
Burden
$112,136
Fee + reserve
$39,442
Target $334,663Firm-fixed-price CLIN buildup4 modeled rows

This advisory bid range is visible page text for contractors and search engines: it summarizes the modeled floor, target, and premium bid posture for this solicitation.

Market snapshot

Baseline awarded-market signal across all contracting (sample of 400 recent awards; refreshed periodically).

12-month awarded value
$3,515,334,796
Sector total $3,515,334,796 • Share 100.0%
Live
Median
$350,000
P10–P90
$32,216$3,347,126
Volatility
Volatile200%
Market composition
NAICS share of sector
A simple concentration signal, not a forecast.
100.0%
share
Momentum (last 3 vs prior 3 buckets)
+100%($3,515,334,796)
Deal sizing
$350,000 median
Use as a pricing centerline.
Live signal is computed from awarded notices already observed in the system.
Signals shown are descriptive of observed awards; not a forecast.

Files

Files size/type shown when available.

No public attachments surfaced yet. Some owner portals gate files behind registration, and BidPulsar keeps enriching the package as new public links appear.

BidPulsar Analysis

A practical, capture-style breakdown of fit, requirements, risks, and next steps.

Updated: Mar 14, 2026
Client-ready brief
Executive summary
medium confidencegpt 4o mini

The U.S. Embassy in Santiago, Chile is soliciting proposals for a life insurance provider for its locally employed staff, with the contract anticipated to start in 2026. The contract includes a base year and three one-year options, making it crucial for bidders to consider pricing strategies for the long term. Bidders must ensure they can provide firm fixed pricing as required by the solicitation.

life insuranceU.S. EmbassySantiago Chilelocally employed stafffirm fixed price contract
What the buyer is trying to do

The buyer seeks to secure a reliable life insurance provider for locally employed staff at the U.S. Embassy, ensuring comprehensive coverage and competitive pricing for the duration of the contract.

Who should pursue this
  • Life insurance providers with experience in international or embassy contracts
  • Companies with a strong compliance record with U.S. government standards
  • Firms capable of providing comprehensive life insurance policies
Work breakdown
  • Review insurance requirements for locally employed staff
  • Develop pricing models for firm fixed price contract
  • Prepare compliance documentation for U.S. government contracts
  • Outline service delivery and claims processes
  • Include contingency plans for policy changes
Response package checklist
  • Company profile and relevant experience
  • Detailed insurance coverage proposals
  • Pricing strategy outlining base year and option years
  • Compliance certificates and financial statements
  • Narrative on approach to service delivery
More BidPulsar strategy notesCompliance, pricing, teaming, risks, questions, and coverage notes
Compliance notes
  • Must adhere to U.S. government contracting regulations
  • Ensure all pricing is firm fixed price
  • Requirements for insurance policies must meet local and U.S. standards
Pricing strategy
  • Firm fixed pricing must be calculated for base year and three optional years
  • Consider competitive rates in the local market
  • Outline any potential escalations and justifications
Teaming and subs
  • Consider partnerships with local insurance firms for market insights
  • Potential teaming with agencies specializing in international employee benefits
Risks and watchouts
  • Changes in local legislation affecting insurance policies
  • Potential fluctuations in local market pricing
  • Risk of inadequate coverage or claims disputes
Smart questions to ask
  • What are the specific insurance requirements for U.S. Embassy employees?
  • Can we obtain historical data on claims or coverage needs from the Embassy?
  • What is the timeline for decision-making post-quotation submission?
Source coverage notes

Some notices publish limited source detail. Confirm these points before final bid/no-bid decisions.

  • Specific performance metrics required by the Embassy
  • Details on employee demographics for tailored coverage
  • Any limitations on who can bid due to local regulations
  • Information about potential competitors in the bidding process
  • Clarification on the number of employees covered under the policy
  • Local laws affecting life insurance contracts for embassies
  • Timelines for policy implementation post-award
  • Specific requirements for policy claims handling
Federal Bid Partners

Service match

Optional support routes matched to this notice after the core solicitation details.

Notice 0AKIDAGHSIFZISQSNCDE
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