SAM #83310126Q0043

Sole Source Asset Recovery and Legal Services for EXIM Bank in El Salvador

This opportunity involves the Export-Import Bank of the United States (EXIM Bank) seeking a sole source, follow-on contract for asset recovery and legal services in El Salvador: - Agency: Export-Import Bank of the United States (EXIM Bank), Office of Contracting Services - Purpose: Asset protection and recovery services for defaulted loan claims (I201089 and I201090) in El Salvador - Scope of Services: - Asset searches, site visits, and credit analysis - Borrower negotiations, restructuring, and workout agreements - Litigation, documentation of agreements, embargoing, and executing upon assets - Preparation of recovery plans and reports - Handling legal filing fees and related costs - Vendor: Sole source to La Cima International, due to unique qualifications and local expertise - Requirements: - Knowledge of El Salvador's judicial system - Registered attorney for litigation - All labor, materials, travel, and supervision included - Place of Performance: Washington, D.C. and El Salvador - NAICS Code: 541110 (Offices of Lawyers) - Product/Service Code: R418 - Period of Performance: Five years, with initial deliverables due within 60-90 days and ongoing semi-annual evaluations - No specific product line items; all services are professional/legal in nature - Estimated contract value not specified, but likely in the low to mid six-figure range based on scope and duration - Commercial opportunity is limited due to sole source justification, but similar firms with local legal expertise could be potential competitors in future procurements

Description

Synopsis – 83310126Q0043 | Claim(s) in El Salvador (Follow-on)  

EXIM Bank, headquartered in Washington, D.C., is providing this notice of intent to issue a sole source a follow-on award to provide asset protection and recovery services. 

The applicable Product/Service Code is R418. 

The applicable North American Industry Classification System (NAICS) code is 541110 - Offices of Lawyers, which has a size standard of $16M. 

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 in Washington, D.C. and El Salvador 

Contracting Point of Contact and/or Contracting Officer: 

Travis Finkle 

Travis.Finkle@exim.gov 

Contracting Office Address: 

Office of Contract Services 

811 Vermont Ave., NW 

Washington, DC 20571 

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