Office of Disaster Assistance Staff Augmentation in Support for Loan Review in Support of COVID-19 National Emergency
Awarded Limited / Sole Source Justification Posted
- Solicitation number
- 73351020C0008
- Set-aside
- No set-aside
Opportunity facts
- Contract number
- 73351020C0008 Federal contract award
- Awardee
- IEM International, Inc.
- NAICS code
- 541110 Offices of Lawyers
- PSC
- R418 Support- Professional: Legal
Notice details come from SAM.gov. Updated .
About this opportunity
This Limited/Sole Source Justification Notice from the Small Business Administration approves the modification of an existing contract with IEM to provide continued legal support services assisting the Office of Disaster Assistance in processing Economic Injury Disaster Loans and loan modifications related to the COVID-19 pandemic. The justification cites the increased loan volume under the CARES Act and need to quickly process loans to aid struggling small businesses as the basis for modifying the contract without full and open competition to increase the contract value to $124 million and extend the period of performance through March 27, 2021. The services include legal reviews of loan documentation prior to disbursement and for any loan modifications.
Notice text
There is a continued need for legal support services to assist Office of Disaster Assistance (ODA) in the loan processing function that is integral to EIDL program. The legal support consists of two major functions: 1) a legal review of all documentation in the file prior to disbursement on a loan; and 2) a legal review of any requested modifications to the original loan. Paralegal support is required to ensure the appropriate documentation is correctly completed and submitted. Without this support, the SBA will not be able to efficiently and effectively process Economic Injury Disaster Loans (EIDL) and modifications to those loans.
Awarded contract 73351020C0008 to unknown vendor for unknown amount on 2020-09-25.
Files
| File | Type | Posted |
|---|---|---|
| Justification for Other than Full and Open Competition IEM.pdf |
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