Pefco restructuring
Active Awarded Last action
- Contract number
- 83310122F0049
- Awardee
-
Vedder Price PC UEI RJYPWUJJRKQ6
- Awarding agency
-
Export Import Bank of the US
- Obligated
- $360,000
Award facts
- Contract value 100% obligated
- $360,000.00 Current and potential, with all options
- Completion date 84% complete
- Current and potential, with all options
- Contracting staff
- NAICS code
- 541199 All Other Legal Services
- PSC
- R418 Support- Professional: Legal
- Set-aside
- No set-aside
- Competition
- Full and Open Competition · 3 offers Multiple Award, Fair Opportunity
- Pricing
- Firm Fixed Price
- Place of performance
- Washington, DC 20571, USA
Award details come from SAM.gov/FPDS.
Transactions
| Action | Obligated | Date |
|---|---|---|
| Exercise an Option | $100,000 | |
| Exercise an Option | $0 | |
| Other Administrative Action | $60,000 | |
| Change Order | $0 | |
| Other Administrative Action | $0 | |
| Original award | $200,000 |
About this award
The Export-Import Bank of the United States awarded a $360,000 firm fixed-price delivery order to Vedder Price PC (doing business as Vedder Price Kaufman & Kammholz) on August 15, 2022, for legal services supporting PEFCO restructuring activities. This delivery order is issued under the EXIM Bank Legal Services master Indefinite Delivery/Indefinite Quantity (IDIQ) contract and carries no set-aside designation. The work is being performed in Washington, DC, with an ultimate completion date of August 14, 2027. Vedder Price is a prominent Chicago-based corporate law firm that has served as a key legal service provider to EXIM Bank since 2003, registered in SAM.gov.
The delivery order represents specialized legal support for the Private Export Funding Corporation (PEFCO) restructuring, which aligns with Vedder Price's established expertise in complex legal matters for EXIM Bank's export financing programs. The firm operates under two significant IDIQ contracts with EXIM Bank valued at $175 million and $25 million respectively, covering restructuring, bankruptcy proceedings, asset protection, and general legal advisory services. This engagement demonstrates the firm's continued strategic relationship with EXIM Bank's Office of General Counsel in addressing complex financial and governmental legal challenges within the export financing sector.
Quick answers
Who was awarded contract 83310122F0049?
83310122F0049 was awarded to Vedder Price PC by Export Import Bank of the US on August 15, 2022.
How much is contract 83310122F0049 worth?
The government has obligated $360,000 on 83310122F0049.
Is contract 83310122F0049 an order under another contract?
Yes. 83310122F0049 is a delivery order under 83310120D0004, an indefinite delivery contract, on EXIM Bank Legal Services.
Was contract 83310122F0049 competed?
The extent of competition for 83310122F0049 was full and open competition. The government received 3 offers.
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