PWS Scope - Batch Recovery with IA Group BV - Redacted.pdf
PDF 423 KB Posted
- Attached to
- Standard Recovery - Various Countries Federal contract opportunity
- Solicitation number
- 83310124Q0068
- Issued by
- Export Import Bank of the US
About this file
This document contains a performance work statement and related federal contract opportunity notice. The performance work statement outlines requirements for collection investigation and legal services related to recovery of defaulted loans in the Dominican Republic, Colombia, Mexico, Bahamas, and South Korea. The contractor must be qualified to practice law in those specified countries. Services include conducting asset searches, credit analyses, attempting extrajudicial collection within 90 days, and filing legal proceedings under written instruction from the Export-Import Bank of the United States. Performance standards address timeliness, cost control, business relations, and management of key personnel. The related federal contract opportunity is a special notice for standard recovery services in various countries on a sole source basis to continue work begun under a previous contract in order to maintain fairness and relations with a limited pool of qualified vendors.
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| File | Type | Posted |
|---|---|---|
| JOFOC - Batch Recovery with IA Group BV - Redacted.pdf |
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Text version
5.0 APPLICABLE DIRECTIVES
Full knowledge of the Dominican Republic, Colombia, Mexico, Bahamas, and South Korea judicial system, duly qualified / registered attorney in Dominican Republic, Colombia, Mexico, Bahamas, and South Korea , if litigation is pursued.
6.0 GOVERNMENT FURNISHED INFORMATION OR PROPERTY
EXIM Bank will notify contractor by email from the COR as to the specifics of case to be recovered.
7.0 SPECIFIC REQUIREMENTS/TASKS
The firm is to attempt recovery on behalf of and, if provided EXIM Bank' s express instruction to do so, institute legal proceedings and/or provide credit restructuring services to EXIM Bank's Asset
Management Division ("AMD") related to the referenced claim(s), involving the referenced debtor and guarantor(s), located in the Dominican Republic, Colombia, Mexico, Bahamas, and South Korea .
The firm shall take such other action as AMD may require to effect recovery for EXIM Bank. The firm is instructed to: (i) perform a preliminary research and evaluation of the case, including, but not limited to, asset search, credit analysis and legal actions registered against the Obligor; (ii)attempt extrajudicial collection of the claim amount within 90 days of the date hereof and report the results of such attempt to
AMD in acceptable format; and (iii) under written instructions received from AMD, file legal proceedings against the Debtor and the Guarantors if the firm is unable to effect an extrajudicial collection of all amounts due under the claim.
Task 1:
The Contractor shall provide all labor, equipment, materials, postage, supervision, expenses, and travel necessary to conduct collection investigation services for EXIM Bank on the above stated case(s).
Before beginning the recovery and collection services, the Contractor shall prepare and forward a written report to the Requesting Officer, outlining the plan for recovery and estimated amount of the defaulted principal that is collectable. Legal services shall be in accordance with the Statement of Work.
Contractor’s written report shall be submitted in the suggested format and shall be presented within 60 days of execution of Contract.
Task 2: Filing Fee(s)
This Line Item will be activated by means of a modification only from EXIM Bank's contracting office.
The Contractor will forward a written report to EXIM Bank's Requesting Officer, which will outline the costs and risks associated with the anticipated filing fee(s).
Task 3: Payment for Recovery of Defaulted Principal
The Contractor will forward a written report to EXIM Bank's Requesting Officer, which will outline payment and/or payment methods associated with the recovery of the Defaulted respond to the request and timeliness of the response.
performed on a monthly
Satisfactory (between
95.9% and 92%)
Marginal (between
91.9% and 90%
Unsatisfactory (less than 90%).
Schedule Every 6 months
All deliverables as described in the PWS and specified
100%
Inspection
Exceptional
Very Good
Satisfactory Marginal
Unsatisfactory
Ongoing as per Contract
Cost
Control
Within Line 2
(legal costs) and Line 3
(actual cash recoveries)
All deliverables as described in the PWS and specified in the approved
Schedule of
Deliverables
100%
Inspection
Exceptional
Very Good
Satisfactory Marginal
Unsatisfactory
As stated in
Contract – contingency fee 15% on actual cash recoveries
Business
Relations
Professional and respectful of all parties
Regular and ad-hoc meetings between contractor and
Government
Semi-Annual
Performance
Evaluation
Exceptional
Very Good
Satisfactory Marginal
Unsatisfactory
Ongoing
Management of Key
Personnel
Appropriate credentials for the work involved.
Registration within the Brazilian judicial system to perform legal work.
Regular and ad-hoc meetings between contractor and
Government as needed
Semi-Annual
Performance
Evaluation
Exceptional
Very Good
Satisfactory Marginal
Unsatisfactory
Ongoing
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