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--DE-LP0000076 JOFOC

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DE-SOL-0004467Federal

Contract Overview

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The contract was awarded to Shaw Consultants International, Inc. to provide specialized professional engineering services for the Department of Energy’s Loan Programs Office (LPO) related to the Abound Solar Manufacturing, LLC loan guarantee. Due to an urgent and unforeseen situation involving Abound’s imminent bankruptcy filing, the procurement was conducted as an emergency award without full and open competition under the authority of FAR 6.302-2, citing unusual and compelling urgency. The purpose of Shaw’s engagement is to offer expert advice and support in managing the default, insolvency, and bankruptcy processes to safeguard the federal government’s investment of approximately $70.5 million, which is at risk. The contract’s estimated period of performance is up to one year, with a total estimated value of $426,360. The urgency of the situation precluded the usual competitive procedures because delays could jeopardize the government’s ability to protect its financial interests. The government aims to potentially recover funds through the sale or liquidation of Abound’s assets during bankruptcy proceedings. Given the time-sensitive nature of the case, public notices were not released as would be typical under standard FAR requirements. Shaw’s timely and specialized expertise was critical for addressing the complex financial and legal challenges associated with the default and bankruptcy, ensuring the government’s interests are adequately represented and protected.

General Info

Emergency contract awarded to Shaw Consultants for Abound Solar bankruptcy support, protecting $70.5M investment.

Agency

N/A

NAICS

541330 - Engineering Services

Place of Performance

Not specified

Set-Aside

NONE

Documents

0

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Timeline

Posted

special-notice

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Organization & Contact Information

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Office AddressN/A
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Full Description

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This was an emergency procurement without full and open competition based on an unusual and compelling urgency under FAR 6.302-2, Unusual and Compelling Urgency, under the authority of the Competition in Contracting Act, 41 U.S.C. ? 3304(a)(2) for the U.S. Department of Energy?s Loan Programs Office (LPO). The acquisition was for obtaining specialized professional engineering services to advise the Department in connection the Abound Solar Manufacturing, LLC (Abound) loan guarantee. LPO required specialized expert engineering services from Shaw Consultants International, Inc. (?Shaw?). Shaw will provide the services in connection with the Abound loan guarantee in order to protect the federal government?s investment of approximately $70.5 million that is potentially at risk. Specifically, the services and expertise of Shaw as specialized professional engineering consultant was necessary in the default, insolvency, and bankruptcy contexts concerning Abound. The estimated period of performance for this contract is not to exceed one year at a total estimated cost of $426,360. Shaw possesses the necessary skills and expertise to assist the Department on an expedited basis. The timing was such that award of this contract based on full and open competition was precluded because there was an immediate need for the services. Abound?s imminent bankruptcy filing was not foreseen. The Government may be able to recoup some of the $70.5 million loan guarantee in this bankruptcy through the sale or liquidation of Abound?s assets. An award made as a result of full and open competition, including in bankruptcy contexts, could result in the putting at risk the Government's ability to protect its interests. Because of the time-sensitive nature of this procurement, the Government could not afford to award this contract based on full and open competition. A notice was not publicized as required by FAR 5.2 pursuant to exception 5.202(a)(2).

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