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This Government Contract opportunity from United States International Development Finance Corporation was posted on March 23, 2021. The submission period has ended. Browse the details below for market research, or find similar active opportunities.

Legal Support Services - Sanctions Review - Apollo Tower Project

Awarded
77344421C0017Federal

Contract Overview

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General Info

NAICS

541110 - Offices of Lawyers

Place of Performance

Washington, DC, 20527, USA

Set-Aside

NONE

Documents

1

Justification+and+Approval+for+Sole+Source+signed.pdf

PDF

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PhaseAwarded
Posted

Justification (J&A)

Awarded

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Organization & Contact Information

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AgencyUnited States International Development Finance Corporation → Office Of Acquisition
Contacts1 person available
OfficeWashington, DC, 20527, USA
Office AddressWashington, DC, 20527, USA
Contacts
Elena Raspitha

Full Description

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DFC has a loan outstanding to Apollo Towers Myanmar ("Apollo"), the proceeds of which were used to construct and operate passive telecommunications tower infrastructure in Myanmar. On February 1, 2021, there was a military coup in Myanmar, which resulted in the United States imposing a new sanctions regime on February 11, 2021. DFC needs to assess the implications of the new sanctions regime (and any future changes or updates to the sanctions regime) on Apollo, its business, and the DFC loan. DFC requires the services of Freshfields Bruckhaus Deringer US LLP ("Freshfields") to assist with reviewing the new Myanmar sanctions regime and advising DFC on its implications for the Project. DFC has selected Freshfields, because Freshfields has acted as DFC's counsel on the Project since origination, and it is very familiar with the counterparties involved, the transaction documents, and the structure of the Project. Freshfields also has the necessary technical sanctions expertise to assist with this work.

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