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Department of State

Solicitation Number 19KS7026Q0018, Vehicle Insurance Services

Solicitation: 19KS7026Q0018
Notice ID: 2b23781ccaeb4c299243f93261c21ce7
TypeSolicitationNAICS 524210PSCG009DepartmentDepartment of StatePostedFeb 25, 2026, 12:00 AM UTCDueMar 10, 2026, 08:00 AM UTCCloses in 13 days

Solicitation from STATE, DEPARTMENT OF • STATE, DEPARTMENT OF. Place of performance: Seoul, Seoul • Korea, South. Response deadline: Mar 10, 2026. Industry: NAICS 524210 • PSC G009.

Market snapshot

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

12-month awarded value
$1,637,536,351
Sector total $1,637,536,351 • Share 100.0%
Live
Median
$258,930
P10–P90
$28,316$7,452,470
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%($1,637,536,351)
Deal sizing
$258,930 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.

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Live POP
Place of performance
Seoul, Seoul • Korea, South
Contracting office
Washington, DC • 20520 USA

Point of Contact

Name
Helen Y No
Email
SeoulProposals@state.gov
Phone
Not available
Name
Kang Namkoong
Email
SeoulProposals@state.gov
Phone
Not available

Agency & Office

Department
STATE, DEPARTMENT OF
Agency
STATE, DEPARTMENT OF
Subagency
US EMBASSY SEOUL
Office
Not available
Contracting Office Address
Washington, DC
20520 USA

More in NAICS 524210

Description

RFQ Number: 19KS7026Q0018

U.S. Government-owned vehicle insurance services for the U.S. Embassy Seoul, Korea.

The offeror shall provide insurance coverage and management of the related services for all the U.S. Government owned official vehicles located in the American Embassy Seoul, Consulate Busan and Department of Homeland Security/Container Security Initiative (DHS/CSI) Busan.  The U.S. Government owned official vehicles will be driven by any person approved or designated by the U.S. Government; i.e. U.S. Government employees and contractors with Korean driver’s license or International driving permit and U.S. military people with International driving permit.

The offeror shall address its plan to obtain all licenses and permits required by local law. If offeror already possesses the locally required licenses and permits, a copy shall be provided. 

The closing date and time is on 10 March 2026, 05:00 PM (Korea Local Date and Time). 

See attached RFQ 19KS7026Q0018 
 

Files

Files size/type shown when available.

BidPulsar Analysis

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

Analysis is being generated for this notice. Check back shortly.

FAQ

How do I use the Market Snapshot?

It summarizes awarded-contract behavior for the opportunity’s NAICS and sector, including a recent pricing band (P10–P90), momentum, and composition. Use it as context, not a guarantee.

Is the data live?

The signal updates as new awarded notices enter the system. Always validate the official award and solicitation details on SAM.gov.

What do P10 and P90 mean?

P10 is the 10th percentile award size and P90 is the 90th percentile. Together they describe the typical spread of award values.