Standard Recovery - Dominican Republic (Follow-on)
Closed Special Notice Posted
This opportunity was awarded. See the award notice from .
- Solicitation number
- 83310125Q0018
- 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
- Dominican Republic
Notice details come from SAM.gov. Updated .
About this opportunity
The Export Import Bank of the United States (EXIM Bank) has issued a Special Notice announcing its intent to award a sole source follow-on contract for asset protection and recovery services in the Dominican Republic. The contract is specifically related to collecting outstanding amounts owed to EXIM by Effie Business Corp and associated guarantors. This follows-on contract will be awarded under the Product/Service Code R418 and the NAICS code 541110 for Offices of Lawyers, which has a size standard of $15.5 million. The contract will be performed in Washington, D.C. and the Dominican Republic, with Travis Finkle serving as the Contracting Officer. The award is being made on a sole source basis to the original vendor, in accordance with FAR 16.505(2)(c), to ensure fairness and continuity in the recovery process.
The primary objective of this contract is to assist EXIM Bank in recovering outstanding debt through comprehensive legal and asset recovery services. Contractors will be expected to conduct asset searches, perform site visits, engage in negotiations, initiate potential litigation, document agreements, and execute asset embargo and seizure strategies. Key performance requirements include submitting a detailed recovery plan within 60 days, meeting with EXIM Bank recovery officers twice annually, and maintaining a 99% performance rating for litigation responsiveness. The contractor will be compensated through a contingency fee structure based on recovered funds, with performance evaluations conducted semi-annually. Eligibility appears limited, as the notice suggests a preference for the original vendor with specific expertise in Dominican Republic legal systems and experience with similar recovery actions. The contract has a posted date of March 25, 2025, with proposals due by April 9, 2025, and will involve representing EXIM Bank's interests in recovering funds from Effie Business Corp.
Notice text
Synopsis – 83310125Q0018 | Claim in the Dominican Republic (Follow On)
EXIM Bank, headquartered in Washington, D.C., is providing this notice of intent to issue a sole source follow-on award to provide asset protection and recovery services.
The applicable Product/Service Code is R418.
The applicable North American Industry Classification System (NAICS) code is 541110 - Office of Lawyers, which has a size standard of $15.5M.
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.
When an individual AMD recovery contract ends but the recovery action is still pending resolution, we award follow-on contracts on a sole source basis to the original vendor (per FAR 16.505(2)(c)) as long as it is for the same recovery case(s). The rationale for this is the combination of contingency payment agreement and the frequent long length of the recovery process. With limited vendor availability, if we did not follow this practice, the original vendor could perform most of the work and the subsequent vendor would reap the rewards of any funds recovered. By awarding follow-on contracts in this manner, we establish fairness for the vendors in an unusual situation, retain good relations with a limited vendor pool for future needs, and therefore get the best long-term benefit to the government.
Place of Contract Performance:
EXIM Bank in Washington, D.C. and the Dominican Republic
Contracting Point of Contact and/or Contracting Officer:
Travis Finkle
Travis.Finkle@exim.gov
Contracting Office Address:
Office of Contracting Services
811 Vermont Ave. NW
Washington, DC 20571
Files
Notice history
| Notice | Type | Posted |
|---|---|---|
| Standard Recovery - Dominican Republic (Follow-on) | Award Notice | |
| This notice | Special Notice |
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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