JOFOC - Intl Rec - Brazil_Aloes - FINAL_Redacted.pdf

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Standard Recovery - Brazil (Follow-on)
Solicitation number
83310125Q0033
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This document is a Justification and Approval for Other Than Full and Open Competition (JOFOC) for the Export-Import Bank of the United States (EXIM Bank). The document seeks to award a sole-source, firm-fixed-price purchase order to a law firm for legal recovery services in Brazil for a specific case involving Aloes. The primary objective is to collect outstanding amounts owed to EXIM Bank by collecting on a defaulted loan through comprehensive legal actions including asset searches, site visits, negotiations, litigation, and asset execution.

The contract is for a five-year period and specifically targets recovery efforts in Brazil. The selected law firm (Varella law firm) is deemed uniquely qualified due to its extensive experience in dealing with U.S. government administrative requirements, comprehensive understanding of recovery work, and specific expertise in Brazilian legal processes. The document emphasizes the time-sensitive nature of debt recovery, noting that delays can significantly reduce the likelihood of successful collection due to potential asset transfers, changes in debtor financial conditions, or other complicating factors. The contract is being pursued under a sole-source authority that permits selecting a single source when no other vendors can meet the agency's specific requirements.

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authorities, as is the case when the Competition in Contracting Act applies.] For actions exceeding the simplified acquisition threshold procedures in FAR subpart 13.5 were used in accordance with 41 U.S.C.

(x) (1) Only One Responsible Source and No Other Supplies or Services Will Satisfy

Agency Requirements per FAR 6.302-1;

5.

Requires the Use of the Authority Cited Above (applicability of authority):

local counsel in ______________________ where the claims are to be monitored/litigated with experience in: locating assets, especially potential hidden assets, and embargoing and executing upon such assets; drafting and negotiating restructuring agreements appropriate for debtors of the type in

It is also imperative that the local counsel have experience handling collection matters of this sort on behalf of foreign entities, and especially foreign government entities such as EXIM Bank, because such representation often raises issues and creates legal risks for the foreign government entity. These risks include the risk of counter-suits, referrals for criminal prosecution, and withholding tax questions.

and procedures so as to avoid problems with payment procedures, handling of funds, facilitation of payments, and fraud.

The firm of ____________________ in __________________ and its local office in __________________ is uniquely qualified to pursue these cases in ___________________. The Contractor has extensive experience in dealing with the complex U.S. Government administrative requirements. The contractor is certified to complete this type of work under ___________________ law. _________________________ is registered in SAM. Finally, ______________________ has experience in recovery matters in ______________________. The contractor possesses a comprehensive understanding of work under this procurement. _________________________ will not require a familiarization period or training prior to immediately commencing performance of the Performance Work Statement. Accordingly, ______________________________ is the only firm capable of providing the services described in Section 3 above without EXIM Bank experiencing duplication of cost for familiarization/training nor unacceptable delays in fulfilling its requirements.

Getting a quick start in assigning a new claim to a contractor in a foreign country is key.

By the time an insured files a claim with EXIM Bank and the time that it is reviewed by the Claim Processing unit and paid by the OCFO a few months at least may have lapsed, not taking into consideration the time from the last shipment to the buyer, which could very well add nine months to the process. By the time the RO receives the claim for collection close to one year may have gone by before any attempt is made to collect from the foreign buyer, a definite disadvantage to the taxpayer. A debtor may be in hiding, it could have sold the company/operating under a different name, it may have transferred assets to avoid collection, its financial condition may have suddenly changed and/or its local

10. Listing of Sources that Expressed, in Writing, an Interest in the Acquisition:

No other sources expressed interest, in writing, in this acquisition.

11. A Statement of the Actions, if any, the Agency May Take to Remove or Overcome any Barriers to Competition before Making subsequent acquisitions for the supplies or services required:

For the reasons set forth in Paragraph 5, EXIM Bank has no plan at this time to compete future contracts for the types of services covered by this document. If another potential source emerges, the Agency will assess whether competition exists.

12. Requirements Certification:

I certify that the requirement outlined in this justification is a Bona Fide Need of the Export-Import Bank of the US and that the supporting data under my cognizance, which are included in the justification, are accurate and complete to the best of my knowledge and belief.

Name:

Title:

Facility:

13. Approvals in accordance with FAR 13.501: Contracting Officer's Certification (required): I certify that the foregoing justification is accurate and complete to the best of my knowledge and belief.

Name:

Title:

Facility:

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