This Government Contract opportunity from Export-Import Bank Of The US was posted on May 16, 2023. The submission period has ended. Browse the details below for market research, or find similar active opportunities.

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Standard Recovery - Brazil - Follow On

Awarded

83310123Q0024Federal

Submission Closed05/30/2023, 02:00:00 PM UTC

Contract Overview

Solicitation details, issuing organization, response deadlines, documents, and interested companies for this government contract opportunity.

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NAICS: 541110

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Solicitation # RFP 26-006

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1 day ago

DEADLINE

in about 1 month

AI Contract Overview

The Export-Import Bank of the United States intends to award a firm fixed price, sole source contract to Varella e Advogados Associados for asset protection and legal recovery services in Brazil. This action serves as a logical follow-on to contract 83310118P0051, ensuring continuity in ongoing litigation and recovery efforts. The primary objective is to collect outstanding debts owed to EXIM Bank by obligors, buyers, and guarantors through a variety of methods, including asset searches, site visits, negotiations, litigation, and the embargoing and execution of assets. The contract is categorized under NAICS code 541110 for Office of Lawyers and is justified under FAR 6.302-1 and FAR 13.501(a) due to the contractor's specialized expertise in Brazilian law and familiarity with EXIM Bank policies. The scope of work includes preliminary case evaluations, extrajudicial collection attempts, and the provision of biannual reports on litigation outcomes. The agreement spans a five-year period, with recovery fees estimated at 15 percent of recovered funds, utilizing a structure that rewards the original vendor for long-term recovery processes.

General Info

Agency

Export-Import Bank Of The US → Export Import Bank Of US

Contract Value

$15,000

NAICS

541110 - Offices of Lawyers

Place of Performance

DC, BRA

Set-Aside

NONE

Awardee

VARELLA & ADVOGADOS ASSOCIADOS

Award Issued Date

06/25/2023, 12:00:00 AM UTC

Documents

EXIM Bank Loan Recovery Services Performance Work Statement Dec 2022

performance-work-statement

High

J&A for Legal Recovery Services Contract Brazil EXIM Bank

justification-and-authorization

High

AI Contract Breakdown

Uniform Contract Format

Contract not broken down yet

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Timeline

PhaseAwarded

PostedMay 16

special-notice

AwardedJun 25

Contract was awarded

Submission Closed

05/30/2023, 02:00:00 PM UTC

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Organization & Contact Information

AgencyExport-Import Bank Of The US → Export Import Bank Of US

Contacts1 person available

OfficeWASHINGTON, DC, 20571, USA

Organization / AgencyExport-Import Bank Of The US → Export Import Bank Of US

Office AddressWASHINGTON, DC, 20571, USA

Contacts

Travis Finkle

contact@example.gov

Full Description

Synopsis - 83310123Q0024 | Claim in Brazil EXIM Bank Washington, DC is providing a notice of intent to issue a sole source award to provide Asset protection and recovery as a Logical Follow-on to the current contract 83310118P0051 due to extended litigation times: The Product/Service Code is R418. The associated North American Industry Classification System (NAICS) code is 541110 Office of Lawyers which has a size standard of $11.0M. Interested vendors must be registered in the System for Award Management (SAM) at https://www.sam.gov/portal/public/SAM/. EXIM Bank Intends to award on a Sole Source Basis to Varella e. Advogados Associados for legal recovery in Brazil. The circumstances permitting Other Than Full and Open Competition are Federal Acquisition Regulation FAR 6.302-1, and FAR 13.501(a). The intent of this synopsis is to determine if any sources exist, and therefore, no Request for Quote (RFQ) is available. This notice of intent is not a request for competitive quotes; however, all information received before April 4, 2023 will be considered by the Government. A determination by the Government not to compete this proposed contract action based upon the responses received from this notice is solely within the discretion of the Government. Contract Type: Firm Fixed Price Description: This requirement is to assist EXIM in its efforts to collect outstanding amounts owed to EXIM by the obligor/buyer and all guarantors, if any. These efforts will include, as EXIM may direct, asset searches, site visits, negotiations, litigation, documentation of agreements, embargoing assets and executing upon assets. See attached PWS. When an individual AMD recovery contract ends but the recovery action is still pending resolution, we award follow-on contracts on a sole source basis to the original vendor (per FAR 16.505(2)(c)) as long as it is for the same recovery case(s). The rationale for this is the combination of contingency payment agreement and the frequent long length of the recovery process. With limited vendor availability, if we did not follow this practice, the original vendor could perform most of the work and the subsequent vendor would reap the rewards of any funds recovered. By awarding follow-on contracts in this manner, we establish fairness for the vendors in an unusual situation, retain good relations with a limited vendor pool for future needs, and therefore get the best long-term benefit to the government. Place of Contract Performance: EXIM Bank Washington, DC and Mexico Contracting Point or Contracting Officer: Travis Finkle contact@example.gov Contracting Office Address: Office of Contracting Services 811 Vermont Ave. NW Washington, DC 20571