SOWBatching11countriesjune2023_Redacted.pdf
PDF 452 KB Posted
- Attached to
- Standard Recovery - Various Countries Federal contract opportunity
- Solicitation number
- 83310123Q0037
- Issued by
- Export Import Bank of the US
About this file
This statement of work outlines recovery services for the Export Import Bank of the United States related to various international debt collection cases. The contractor will be required to perform preliminary research and evaluation on referred cases within 60 days of contract execution, attempt extrajudicial collection within 90 days, and pursue legal proceedings as instructed by the Bank. Key tasks include providing all necessary labor, equipment, and expenses to conduct investigations; preparing a written recovery plan and collectability estimate; and filing litigation as approved by the Contracting Officer's Representative. Performance will be evaluated monthly on timeliness and responsiveness, with a rating scale ranging from exceptional to unsatisfactory. The contractor will be compensated on a contingency basis of 15% of actual cash recoveries. Professional conduct and regular communication with the Bank are also required.
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| File | Type | Posted |
|---|---|---|
| JOFOC_Redacted.pdf |
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Text version
To recover a s s e t s , institute legal proceedings and/or provide credit restructuring related to the claim(s), involving the d e b t o r and guarantor(s).
Desired Outcome: Recovery of outstanding debt,
5.0 APPLICABLE DIRECTIVES
Full knowledge of the various international judicial system, duly qualified / registered attorney in various countries, 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 various countries.
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)
Litigation Performance rating will be based upon the ability of the Contractor to respond to the request and timeliness of the response.
99% Surveillance by EXIM Bank COR will be performed on a monthly
Exceptional (greater than 99.8%)
Very Good (between 99.8% and 96%);
Satisfactory (between 95.9% and 92%)
Marginal (between 91.9% and 90%
Unsatisfactory (less than 90%).
Contingency fee of 15% on actual cash recoveries
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 various international
Regular and ad-hoc meetings between contractor and
Semi-Annual Performance Evaluation
Exceptional
Very Good Satisfactory Marginal Unsatisfactory
Ongoing judicial system to perform legal work.
Government as needed
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