Outside legal counsel to assist DOE in the evaluation and negotiation of such terms and conditions, and in the preparation of all documents to evidence such terms and conditions of underwriting,…
Ended Definitive Contract Awarded Last action
- Contract number
- 89303021CLP000011
- Awardee
-
Norton Rose Fulbright US LLP UEI HLTRPKNBPLX5
- Awarding agency
-
Headquarters
Department of Energy
- Obligated
- $596,750
Award facts
- Contract value 78% obligated
- $766,880.91 Current and potential, with all options
- Completion date 100% complete
- Current and potential, with all options
- Contracting staff
- Funding agency
- Office of Loan Programs Department of Energy
- NAICS code
- 541199 All Other Legal Services
- PSC
- R699 Support- Administrative: Other
- Set-aside
- No set-aside
- Competition
- Full and Open Competition · 7 offers Negotiated Proposal / Quote
- Pricing
- Labor Hours
- Place of performance
- Washington, DC 20001, USA
Award details come from SAM.gov/FPDS.
Transactions
| Action | Obligated | Date |
|---|---|---|
| Other Administrative Action | $0 | |
| Other Administrative Action | $0 | |
| Funding Only Action | $0 | |
| Supplemental Agreement for work within scope | $0 | |
| Funding Only Action | $586,750 | |
| Other Administrative Action | $0 | |
| Funding Only Action | -$586,750 | |
| Original award | $596,750 |
About this award
The Department of Energy's Office of Loan Programs awarded a definitive contract to Norton Rose Fulbright US LLP for outside legal counsel services supporting the evaluation, negotiation, and closing of a loan for the Plug Power Project on September 21, 2021, with a ceiling value of $766,880.91.
The contract is priced on a labor-hours basis with no set-aside. Place of performance is Washington, DC. The originating requirement calls for outside legal counsel to assist DOE in evaluating and negotiating loan terms and conditions, structuring and underwriting the transaction, and preparing all documentation to evidence such terms. The ultimate completion date is September 20, 2026.
Service Contract Inventory reporting for FY2023 shows 0.1 FTEs across 198 contractor hours, invoiced at $167 thousand, yielding a derived government-paid rate of $842.07 per hour. Norton Rose Fulbright self-performed all reported hours with no subcontractor engagement in that fiscal year.
Description
Outside legal counsel to assist DOE in the evaluation and negotiation of such terms and conditions, and in the preparation of all documents to evidence such terms and conditions of underwriting, structuring, negotiating, and closing a loan in additio
Quick answers
Who was awarded contract 89303021CLP000011?
89303021CLP000011 was awarded to Norton Rose Fulbright US LLP by Headquarters (Department of Energy) on September 21, 2021.
How much is contract 89303021CLP000011 worth?
The government has obligated $596,750 on 89303021CLP000011. Its current value, with exercised options, is $766,881.
Which agency awarded contract 89303021CLP000011?
Headquarters (Department of Energy) awarded 89303021CLP000011, with funding from Office of Loan Programs (Department of Energy).
Was contract 89303021CLP000011 competed?
The extent of competition for 89303021CLP000011 was full and open competition. The government received 7 offers.
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