This Government Contract opportunity from Export-Import Bank Of The US was posted on August 9, 2023. The submission period has ended. Browse the details below for market research, or find similar active opportunities.

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Standard Recovery - Various Countries

Awarded

83310123P0024Federal

Submission Closed08/09/2023, 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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PRIMARY & SECONDARY GENERAL LEGAL SERVICES

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 has issued an award notice for a standard recovery contract involving various countries under solicitation number 83310123P0024. This action is categorized under NAICS code 541110 and is managed by the agency's office in Washington, DC. This specific award is a follow-on contract granted on a sole source basis to the original vendor in accordance with FAR 16.505(2)(C). This procurement method is utilized when a recovery action remains pending after an initial contract ends, ensuring that the vendor who performed the bulk of the work receives the contingency payment. This approach is designed to maintain fairness within a limited vendor pool and secure the best long-term benefit for the government.

General Info

Agency

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

Contract Value

$86,000

NAICS

541110 - Offices of Lawyers

Place of Performance

DC, NLD

Set-Aside

NONE

Awardee

IA GROUP B.V.

Award Issued Date

08/14/2023, 12:00:00 AM UTC

Documents

No documents available

Documents will appear here when they are available.

AI Contract Breakdown

Uniform Contract Format

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Timeline

PhaseAwarded

PostedAug 9

Award Notice

AwardedAug 14

Contract was awarded

Submission Closed

08/09/2023, 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.