Water infrastructure finance and innovation act (wifia) legal advisory services
Active Awarded Last action
- Contract number
- 68HERC22D0032
- Awardee
-
Allen Overy Shearman Sterling US LLP UEI H3U7C4D88LN8
- Awarding agency
-
Environmental Protection Agency
- Task orders
- 4 $4,898,200 obligated
Award facts
- Opportunity
-
- Water Infrastructure Finance and Innovation Act (WIFIA) Legal Advisory Services Pre-Solicitation · 68HERC22R0093 · Posted Mar 31, 2022
- Combined order value
-
- $9,748,360 Current, with exercised options
- $12,608,360 Potential, with all options
- Last date to order 80% complete
- IDV ceiling 6% used
- $82,000,000.00
- Award type
- Multiple award
- Who can order
- Only the awarding agency
- Funding agency
- Office of Water Headquarters Offices, Environmental Protection Agency
- NAICS code
- 541110 Offices of Lawyers
- PSC
- R418 Support- Professional: Legal
- Set-aside
- No set-aside
- Competition
- Full and Open Competition · 7 offers Negotiated Proposal / Quote
- Pricing
- Firm Fixed Price
Award details come from SAM.gov/FPDS.
About this IDV
The Environmental Protection Agency's Office of Water awarded a multiple-award indefinite-delivery contract to Allen Overy Shearman Sterling US LLP on November 1, 2022, with an $82 million ceiling and ultimate completion date of October 31, 2027, to provide legal advisory services supporting the Water Infrastructure Finance and Innovation Act program.
Place of performance is New York, NY. The IDIQ solicitation (posted March 31, 2022) sought legal advisory services to assist federal agencies and state infrastructure authorities in structuring and negotiating complex project financings utilizing various funding sources including WIFIA credit assistance. Scope includes legal review and closing support for WIFIA financing applications, credit agreements, and associated documents on an as-needed basis. The originating estimate projected $500,000 to $1,000,000 total value over a five-year term structured as one base year plus four one-year options; the awarded ceiling of $82 million reflects actual procurement parameters. NAICS code is 541110; PSC code is R425.
Allen Overy Shearman Sterling US LLP is a foreign-owned law firm providing infrastructure financing legal services. The firm holds four active delivery orders under this IDIQ with individual ceilings ranging from $1.2 million to $5.46 million. Recent orders include a $5.46 million delivery order (November 1, 2022, priced firm fixed price, extending through October 31, 2027) and a $1.23 million order (February 6, 2025, priced time-and-materials, extending through October 31, 2027) supporting WIFIA infrastructure project financing and regulatory compliance. All work is self-performed from the firm's New York headquarters.
Task orders
Transactions
| Action | Obligated | Date |
|---|---|---|
| Funding Only Action | -$84,941 | |
| Other Administrative Action | $0 | |
| Other Administrative Action | $0 | |
| Other Administrative Action | $0 | |
| Novation Agreement | $0 | |
| Original award | $100,000 |
Quick answers
Who was awarded contract 68HERC22D0032?
68HERC22D0032 was awarded to Allen Overy Shearman Sterling US LLP by Environmental Protection Agency on November 1, 2022.
How much is contract 68HERC22D0032 worth?
Orders under 68HERC22D0032 have obligated $4,898,200. Their combined current value, with exercised options, is $9,748,360. Their combined potential value, with all options, is $12,608,360. 68HERC22D0032's own ceiling is $82,000,000.
How many orders have been placed under contract 68HERC22D0032?
4 orders have been placed under 68HERC22D0032, the latest on February 6, 2025.
Which agency awarded contract 68HERC22D0032?
Environmental Protection Agency awarded 68HERC22D0032, with funding from Office of Water (Headquarters Offices).
Who can order from contract 68HERC22D0032?
68HERC22D0032 is a multiple award indefinite delivery contract. Only the awarding agency can place orders on it.
Is contract 68HERC22D0032 part of a contract vehicle?
Yes. 68HERC22D0032 is part of Water Infrastructure Finance And Innovation Act Legal Advisory Services.
Was contract 68HERC22D0032 competed?
The extent of competition for 68HERC22D0032 was full and open competition. The government received 7 offers.
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