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Sigma Properly Axed From Embassy Health Insurance Procurement

Oct. 4, 2022, 4:34 PM

Sigma Interalbanian Vienna Insurance Group failed to show that the US State Department improperly excluded it from a procurement to provide employee health insurance at the embassy in Pristina, Kosovo, the GAO said in a decision released Tuesday.

The department reasonably determined that Sigma, the incumbent contractor, didn’t have a reasonable chance of being selected because of its “extremely high price,” the Government Accountability Office said.

Sigma’s proposed price was substantially higher than the department’s independent government cost estimate, as well as the prices proposed by other bidders, the GAO said.

The insurer’s assertion that the lower prices proposed by ...