Standard Recovery Contract - India
Closed Special Notice Posted
- Solicitation number
- 83310121Q0068
- Agency
-
Export Import Bank of the US
- Responses due
- Set-aside
- No set-aside
Opportunity facts
- NAICS code
- 541110 Offices of Lawyers
- PSC
- R418 Support- Professional: Legal
- Place of performance
- India
Notice details come from SAM.gov. Updated .
About this opportunity
The Special Notice published by the Export-Import Bank of the United States (EXIM) on July 20, 2021 announces the agency's intent to award a standard recovery contract in India to International Advisers on a sole-source basis. The notice establishes a deadline of July 27, 2021 for interested parties to provide information on alternative sources.
The purpose of the Special Notice is to assist EXIM in collecting outstanding amounts totaling approximately $2.5 million owed by obligors and guarantors related to two defaulted loan cases in India. The sole-source contract would require the awardee to conduct collection investigations, attempt extrajudicial recovery within 90 days, and upon EXIM's instruction, pursue legal proceedings and credit restructurings. To be eligible, contractors must be qualified and registered to practice law in India. Compensation under the contract would be 15% of actual cash recoveries.
Notice text
Export-Import Bank of the United States (EXIM) Bank Intends to award on a Sole Source Basis to International Advisers for asset recovery in India.
The circumstances permitting Other Than Full and Open Competition is Federal Acquisition Regulation (FAR) 6.302-1, and FAR 13.501(a). The intent of this synopsis is to determine if any sources exist, and therefore, no Request for Quote (RFQ) is available. This notice of intent is not a request for competitive quotes; however, all information received before July 27, 2021 will be considered by the Government. A determination by the Government not to compete this proposed contract action based upon the responses received from this notice is solely within the discretion of the Government.
This requirement is to assist EXIM in its efforts to collect outstanding amounts owed to EXIM by the obligor/buyer and all guarantors, if any. These efforts will include, as EXIM may direct, asset searches, site visits, negotiations, litigation, documentation of agreements, embargoing assets and executing upon assets. See attached PWS.
Electronic procedures will be used for this solicitation through Contract Opportunities at https://beta.sam.gov/. Email Solicitation requests can be submitted to (Contact POC and Alternate Info). No telephone requests.
Files
| File | Type | Posted |
|---|---|---|
| IndiaPWS Redacted.pdf | ||
| NewIndiaJAContract062021_Redacted (003)_Redacted.pdf |
Similar open opportunities
| Opportunity | Agency | Set-aside | Responses due |
|---|---|---|---|
| International Recovery - Mexico (Follow-On) | Export Import Bank of the US | No set-aside | |
| Recovery Worldwide BPA | Export Import Bank of the US | No set-aside |
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