The contractor shall provide, in accordance with issued TOS, all management, supervision, and labor necessary to perform legal services on an as needed basis.
Active Blanket Purchase Agreement Awarded Last action
- Contract number
- 693JF724A000001
- Awardee
-
Love And Long, L.L.P. UEI DPKMETGTM3B1
- Awarding agency
-
Maritime Administration
Department of Transportation
- Task orders
- 0
Award facts
- Opportunity
-
- Maritime Administration Office of Marine Financing Federal Ship Financing Program (Title XI) Outside Legal Counsel Solicitation · 693JF723R000007 · Posted Mar 2, 2023
- Last date to order 58% complete
- IDV ceiling
- $100,000.00
- Award type
- Single award
- Who can order
- Only the awarding agency
- NAICS code
- 541199 All Other Legal Services
- PSC
- R418 Support- Professional: Legal
- Set-aside
- No set-aside
- Pricing
- Labor Hours
Award details come from SAM.gov/FPDS.
About this IDV
The Maritime Administration (MARAD) has awarded a multiple-award Indefinite Delivery Indefinite Quantity (IDIQ) contract to provide outside legal counsel services to support its Federal Ship Financing Program (Title XI). The contract has a base period of 5 years and a 1-year option period. The primary services required include legal support for corporate financing transactions, project finance matters, portfolio management, bankruptcy matters, and maritime transactional work. The IDIQ allows for the issuance of both "at cost" task orders funded by the government, as well as "no cost" task orders where a third-party applicant for credit assistance directly pays the contractor's legal fees and expenses. The contract was awarded to the law firm Love & Long, LLP, which is registered as a minority-owned, woman-owned, and small disadvantaged business in SAM.gov. The total contract ceiling value is $100,000,000.
The original solicitation was issued by MARAD seeking to competitively award multiple IDIQ contracts to retain outside legal counsel to enhance the agency's capabilities in various substantive legal areas related to the Title XI program. The scope of work covers a range of transactional, advisory, and litigation support services across three primary functional areas. Key deliverables include due diligence reviews, legal document drafting and negotiation, transaction closings, and portfolio management services. The contractor must maintain sufficient resources to handle matters under short timelines and address any surges in workload.
Quick answers
Who was awarded contract 693JF724A000001?
693JF724A000001 was awarded to Love And Long, L.L.P. by Maritime Administration (Department of Transportation) on December 4, 2023.
How much is contract 693JF724A000001 worth?
693JF724A000001's own ceiling is $100,000.
Who can order from contract 693JF724A000001?
693JF724A000001 is a single award blanket purchase agreement. Only the awarding agency can place orders on it.
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