Financial & Restructuring Advisory and Appraisal/Evaluation Services for Loans made by the Federal Financing Bank (FFB) and guaranteed by the Rural Utilities Service (RUS) to Brazos Electric Power Cooperative, Inc. .

Award Notice Posted

A later notice was posted: the Limited / Sole Source Justification from .

Solicitation number
12RADA21C0001
Agency
Awarded
to Alvarez & Marsal North America LLC
Set-aside
No set-aside

Opportunity facts

Contract number
12RADA21C0001 Federal contract award
Place of performance
New York NY 10022, United States

Notice details come from SAM.gov. Updated .

About this opportunity

The Award Notice is for financial and restructuring advisory and appraisal/evaluation services to assist in securing loans made by the Federal Financing Bank and guaranteed by the Rural Utilities Service to Brazos Electric Power Cooperative, Inc. The Department of Agriculture Rural Housing Service published the notice, awarding a sole source contract valued at $2.4 million to Alvarez and Marsal North America, LLC for the identified services. The contract period is from April 1, 2021 through March 31, 2022 to address loan impacts from winter storm events in Texas.

Notice text

US Department of Agriculture Rural Development (USDA/RD) awarded a sole source letter contract using the authority FAR 6.302-2.  The award is a labor-hour contract, with Alvarez and Marsal North America, LLC. USDA/RD's objective is to establish and stand up a contract for financial/restructuring advisory and apraisal/evaluation services to assist in securing loans made by the Federal Financing Bank (FFB) and guaranteed by the Rural Utilities Service (RUS) (hereinafter RUS/FFB loans) to Brazos Electric Power Cooperative, Inc. 

Justification for other than Full and Open Competition under 41 U.S.C. 3304(a)(2), as implemented by FAR 6.302-2, titled "Unusual and compelling urgency" is attached.

Awarded contract 12RADA21C0001 to ALVAREZ & MARSAL NORTH AMERICA, LLC for 2400000.00 on 2021-04-07.

Files

File Type Posted
JA Brazos 3-31 AM_R.pdf PDF

Notice history

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