This Government Contract opportunity from Export-Import Bank Of The US was posted on June 2, 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

83310123P0018Federal

Submission Closed06/02/2023, 12:00:00 AM 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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City Administrative Officer, Office of the

POSTED

1 day ago

DEADLINE

in 22 days

AI Contract Overview

The Export-Import Bank of the United States has issued an award notice for a follow-on contract titled Standard Recovery - Brazil - Follow On under solicitation number 83310123P0018. This contract is categorized under NAICS code 541110 and is managed by the agency's office in Washington, DC. This award was granted on a sole source basis to the original vendor in accordance with FAR 16.505(2)(C) because the recovery action remains pending resolution. This procurement strategy is utilized to maintain fairness regarding contingency payment agreements and to ensure the original vendor is compensated for their work during lengthy recovery processes, thereby preserving critical vendor relationships within a limited market.

General Info

Agency

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

Contract Value

$276,550

NAICS

541110 - Offices of Lawyers

Place of Performance

DC, BRA

Set-Aside

NONE

Awardee

VARELLA & ADVOGADOS ASSOCIADOS Petropolis RIO DE JANEIRO 25730740 BRA

Award Issued Date

06/02/2023, 12:00:00 AM UTC

Documents

No documents available

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Timeline

PhaseAwarded

PostedJun 2

Award Notice

AwardedJun 2

Contract was awarded

Submission Closed

06/02/2023, 12:00:00 AM 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

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.