Deobligation for closeout
Ended Purchase Order Awarded Last action
- Contract number
- EXIM15P0087
- Awardee
-
Varella & Advogados Associados UEI UMU8BY76LSB3
- Awarding agency
-
Export Import Bank of the US
- Obligated
- $107,626
Award facts
- Contract value 15% obligated
- $722,000.00 Current and potential, with all options
- Completion date 100% 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
- Not Competed under SAP · 1 offer Simplified Acquisition
- Pricing
- Firm Fixed Price
- Place of performance
- 2135 N Keene Rd, Clearwater, FL 33763, USA
Award details come from SAM.gov/FPDS.
Transactions
| Action | Obligated | Date |
|---|---|---|
| Close Out | -$614,374 | |
| Funding Only Action | $2,000 | |
| Original award | $720,000 |
About this award
This is a firm fixed-price purchase order contract awarded by the Export-Import Bank of the United States (EXIM Bank), a civilian federal agency, to Varella & Advogados Associados, a for-profit legal services firm based in Brazil. The contract, valued at $722,000.00, is for Varella & Advogados Associados to provide legal and asset recovery services to EXIM Bank to collect outstanding debts and claims against borrowers in Brazil. The services include asset searches, site visits, negotiations, litigation support, documenting agreements, embargoing assets, and executing upon assets located in Brazil. This is a sole source award to Varella & Advogados Associados due to the firm's legal expertise relating to Brazilian law and its location in the country to support EXIM Bank's recovery efforts. The contract does not have a set-aside designation and there are no major subcontractors. The work supports EXIM Bank's mission to facilitate the export of U.S. goods and services by providing financing to foreign buyers.
Quick answers
Who was awarded contract EXIM15P0087?
EXIM15P0087 was awarded to Varella & Advogados Associados by Export Import Bank of the US on May 28, 2015.
How much is contract EXIM15P0087 worth?
The government has obligated $107,626 on EXIM15P0087. Its current value, with exercised options, is $722,000.
Was contract EXIM15P0087 competed?
The extent of competition for EXIM15P0087 was not competed under sap. The government received 1 offer.
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