Commercial Legal Services

**THIS IS A NOTICE OF INTENT TO AWARD A SOLE SOURCE CONTRACT FOR COMMERCIAL LEGAL SERVICES**

PLEASE DO NOT RESPOND TO THIS SOLICITATION IF YOU ARE NOT PROVIDING LEGAL SERVICES.

This is a notice issued as required by FAR 5.203. Due to this procurement being for commercial services and having a not-to-exceed value of below the $7,000,000, OPIC intends to award this sole source contract under the authority of FAR 13.501(a)(1).

OPIC requires legal counsel to represent and advise OPIC in connection with decisions regarding potential remedies regarding certain events of default now existing under loan documents related to an Agribusiness Project in Romania. OPIC's interests may require the exercise of enforcement rights on all or part of the trust entities tied to the project and loan collateral. It is essential for OPIC to engage a law firm that has existing knowledge of and experience with this transaction in order to minimize risk of serious financial injury to OPIC in its recovery prospects.

In order to perform this work, a law firm must have attorneys directly employed by the firm who have provided representation or counsel in connection with the above project under the local laws of Romania and who are experienced in enforcing legal rights to sweep available cash, foreclose on assets, and exercise share pledges under both New York and Romanian law. The attorneys must also not be limited or prevented by conflict of interest from representing OPIC in this matter.

The North American Industry Classification System (NAICS) code for this requirement is 541110 with the size standard of $11 million. This notice of intent is not a request for proposals or quotes; however, all responsible and capable sources may submit statements of capabilities, which, if received within seven calendar days of publication of this notice, shall be considered by OPIC. A determination by the Government not to open the requirement to competition based upon the responses to this notice is solely within the discretion of the Government. This notice does not restrict the Government in any way to an ultimate acquisition approach. Information received will be considered solely for the purpose of determining whether to conduct a competitive procurement. THIS IS NOT A REQUEST FOR PROPOSAL AND IS NOT TO BE CONSIDERED AS A COMMITMENT BY THE GOVERNMENT.

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