SAM #83310126Q0054

EXIM Bank Sole Source Follow-on for Asset Protection and Recovery Services in India

This notice announces EXIM Bank's intent to issue a sole source follow-on contract for asset protection and recovery services related to a defaulted buyer debt case in India (Claim No. G692549). - The contract covers legal and recovery services, including: - Asset searches, site visits, negotiations, litigation, and documentation of agreements - Collection investigation, borrower negotiations, credit restructuring, and related recovery actions - Preparation of a written recovery plan report within 60 days of contract execution - Filing fees for legal proceedings, as needed - The contract will be awarded to the original vendor handling the case, justified by the need for continuity and a contingency payment agreement - The applicable Product/Service Code is R418 and NAICS code is 541110 (Offices of Lawyers) - Place of performance includes Washington, D.C., India, and the Netherlands - Legal services must be provided by a qualified attorney registered in India - No specific OEMs or vendors are named in the notice - The period of performance includes an initial 90-day extrajudicial collection attempt, a 60-day recovery plan report, and ongoing semi-annual performance evaluations

Description

Synopsis – 83310126Q0054 | Claim(s) in INDIA (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., India and the Netherlands

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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