Definitive Contract #19WA8025C0009

Definitive Contract for Motor Vehicle Insurance Coverage

This award represents a definitive contract focused on securing motor vehicle insurance services. The recipient is a category labeled as Miscellaneous Foreign Awardees, indicating the contract is with an unspecified foreign entity or entities providing insurance services. The contract covers the insurance of motor vehicles, addressing the agency's need for coverage and risk management related to its vehicle assets. This type of insurance contract is significant as it helps protect government property and supports operational readiness by mitigating financial risks associated with vehicle use. The scope includes provision of motor vehicle insurance coverage for the performance period spanning roughly one year. The contract was competitively bid or awarded based on procedural norms for insurance procurement, though no sole-source justification is specified. The award reflects a relatively modest expenditure for a specialized insurance service, underlining the agency's efforts to maintain cost-effective risk management solutions during the awarded timeframe.

Description

MOTOR VEHICLE INSURANCE.

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