Part 8 Limited Source for FBO 73351020F0192.pdf

LIMITED SOURCES JUSTIFICATION

FOR AN ORDER/ BPA EXCEEDING

THE SIMPLIFIED ACQUISITION THRESHOLD

(AUTHORITY: FAR 8.405-6)

PR 0503200EQ0058 I Order 73351020F0192

This acquisition is conducted under the authority of the Multiple Award Schedule Program.

1. Agency and contracting activity. Small Business Administration, Acquisition Division, and Office of Credit Risk Management.

2. Nature and/or description of the action being approved.

This is a limited source justification for a new Firm Fixed Price type order with Dun & Bradstreet under their GSA contract GS-00F-022DA.

Source-

Dun & Bradstreet, Inc.

11710 Plaza America Dr., Suite 900

Reston, VA 20190-4768

POC: Shareen Kitterman, kittermans@DNB.com

3. Description of the supplies or services required to meet the agency's needs (including the estimated value).

This requirement is for services to conduct a study that identifies affiliated businesses (unique small businesses controlled by the same individual or entity) that either should not have qualified for Paycheck Protection Program (PPP) loans due to their combined size or applied for and received multiple PPP loans exceeding program limits. The Cares Act caps PPP lending to affiliated small businesses at $20M (except in specific circumstances). The estimate value of this requirement is X with a period of performance of twelve months.

4. Authority and supporting rationale. The following circumstance justifies limiting the source as supported below:

Urgent and Compelling under the authority of FAR 8.405-6 (a)(1){i)(A) - An urgent and compelling need exists and following the procedures would result in unacceptable delays.

This order with D&B is necessary due to the financial impact, urgency, and high-profile nature of the PPP program as described below. Through June 12, 2020 PPP lending has exceeded $512 billion (https://www.sba.gov/documenUreport-- paycheck-protection-program-report-through-june-12-2020). During the month of June, lenders started submitting requests for SBA to pay lender processing fees for creating the PPP loans (5% for loans up to $350k; 3% for loans

$350k$2m; 1 % for loans over $1 Om). By the end of June, lenders will begin submitting requests for PPP loan forgiveness for their borrowers (up to $5128). Loan forgiveness means the money loaned to small businesses through the PPP will not be repaid to the government. The

OCFO-A 008 V1 05/03/2019