JOFOC_IR_India_FINAL_Redacted.pdf

This is a Justification and Approval for Other Than Full and Open Competition (J&A) for a commercial services acquisition.

The Export-Import Bank of the United States (EXIM), Office of Contracting Services, seeks to award a new Firm Fixed Price (FFP) purchase order to IA Group B.V. for legal recovery services spanning five years. The contractor will provide comprehensive asset recovery support for EXIM to collect outstanding amounts owed by obligors/buyers and guarantors in India, including asset searches, site visits, negotiations, litigation, documentation, asset embargoes, and asset execution. This is a follow-on contract to expiring contract no. 83310121C0010 (expiring 08/19/2026), involving a defaulted loan case with Claim No. G692549. The estimated contract value is redacted but represents recovery fees based on a percentage of recovery.

The justification cites 41 USC §3304 and FAR 13.106-1(b) as statutory authority for sole-source procurement, demonstrating that IA Group B.V. is the only responsible source capable of meeting EXIM's unique requirements. The contractor possesses specialized expertise in Indian legal jurisdictions, experience with EXIM's administrative requirements, SAM registration, and established competency in recovery matters within India. The acquisition is justified on grounds that no other firms identified possess equivalent knowledge of EXIM's transactions, legal experience in Indian projects, or immediate capability to commence performance without duplication costs or unacceptable delays. No competing sources expressed written interest in the acquisition, and EXIM indicates no plans to compete future contracts for these specialized services.