Permian basin railways has recently communicated to FRA that they intend to obtain financing from fifth third bank that will be used to pay off the outstanding balance of the rrif loan. PBR has stated…
Ended Awarded Last action
- Contract number
- 003
- Awardee
-
Nixon Peabody LLP UEI CNA8VCENR375
- Awarding agency
-
Federal Railroad Administration
Department of Transportation
- Obligated
- $40,799
Award facts
- Contract value 100% obligated
- $40,798.50 Current and potential, with all options
- Completion date 100% complete
- Current and potential, with all options
- NAICS code
- 541110 Offices of Lawyers
- PSC
- R418 Support- Professional: Legal
- Set-aside
- No set-aside
- Competition
- Full and Open Competition · 4 offers Multiple Award, Fair Opportunity
- Pricing
- Labor Hours
- Place of performance
- New York, NY 10022, USA
Award details come from SAM.gov/FPDS.
Transactions
| Action | Obligated | Date |
|---|---|---|
| Close Out | $0 | |
| Other Administrative Action | $0 | |
| Original award | $40,799 |
Description
Permian basin railways has recently communicated to FRA that they intend to obtain financing from fifth third bank that will be used to pay off the outstanding balance of the rrif loan. PBR has stated that the loan providing this financing is scheduled to close on february 28, 2013. While FRA is amenable to this, FRA wishes to protect the interests of the federal government. Therefore, the FRA is seeking advice of outside counsel regarding how best to manage the payoff of the rrif loan as well as how best to proceed if PBR does not pay off the loan. Period of performance is 6 months from date of award. See attached statement of work and igce for detailed specific requirements.
Quick answers
Who was awarded contract 003?
003 was awarded to Nixon Peabody LLP by Federal Railroad Administration (Department of Transportation) on February 21, 2013.
How much is contract 003 worth?
The government has obligated $40,799 on 003.
Is contract 003 an order under another contract?
Yes. 003 is a delivery order under DTFR5311D00002, an indefinite delivery contract.
Was contract 003 competed?
The extent of competition for 003 was full and open competition. The government received 4 offers.
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