Standard Recovery - Global

EXIM Bank is pursuing a sole-source award to IA Group BV for global asset protection and recovery services under solicitation 83310126Q0033, with the contract purpose focused on collecting outstanding debts owed to the bank by international obligors and guarantors. The scope of work includes comprehensive legal and financial recovery actions such as asset searches, site visits, litigation, negotiations, documentation of agreements, embargoing and executing on assets, and debt restructuring across multiple jurisdictions including the Netherlands, Saudi Arabia, Italy, UAE, and others, all while adhering to local legal systems and U.S. government standards. The contract is classified under NAICS code 541110 for Office of Lawyers with a $15.5 million size standard and will be executed as a Firm Fixed Price agreement with a five-year period of performance. The justification for non-competitive procurement is rooted in FAR 6.302-1 and FAR 13.501(a), citing IA Group BV’s unique qualifications, institutional familiarity with EXIM’s policies, and demonstrated global litigation expertise as the sole viable source to avoid delays and ensure continuity. Responses to this notice of intent must be submitted via SAM.gov by May 25, 2026, at 10:00 AM Eastern, though no competitive solicitation is being issued and the government retains full discretion to proceed without competition based on feedback received. Payment to the contractor is entirely contingent upon actual cash recoveries, structured as a percentage-based fee with no upfront or fixed compensation, and performance is monitored through strict metrics including timeliness of litigation responses, cost control, and deliverable quality, rated on an adjectival scale from Exceptional to Unsatisfactory. Reporting obligations are continuous, requiring monthly updates, biannual litigation summaries, detailed cost and risk reports prior to legal action, and filing fee estimates, all submitted to the Contracting Officer’s Representative in Washington, DC. Key personnel must be licensed attorneys in each relevant foreign jurisdiction, and all activities require prior written approval for expenditures or modifications, with Line Items 2 and 3 specifically activated only through formal contract modifications. The contracting office is located at 811 Vermont Avenue NW, Washington, DC, with Travis Finkle listed as the primary Contracting Officer and Jewel Alendri as a secondary point of contact. No formal FAR clauses, packaging requirements, FOB terms, security clearances, or economic set-asides are applicable, and no monetary value,