Standard Recovery - Germany - Follow-on
Closed Special Notice Posted
This opportunity was awarded. See the award notice from .
- Solicitation number
- 83310125Q0005
- 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
- Germany
Notice details come from SAM.gov. Updated .
About this opportunity
The Export Import Bank of the United States (EXIM) has issued a Special Notice for a follow-on contract focused on international debt recovery services in Germany. This opportunity is specifically for assisting EXIM in collecting outstanding amounts owed by obligors and guarantors through various recovery methods, including asset searches, site visits, negotiations, litigation, and asset documentation. The contract will be awarded on a sole source basis to the original vendor, in accordance with Federal Acquisition Regulation (FAR) 16.505(2)(c), to ensure continuity and fairness in the recovery process. The Special Notice is categorized under the NAICS code 541110 for Offices of Lawyers and PSC category R418 for Professional Legal Support. The opportunity was posted on January 2, 2025, with responses due by January 21, 2025.
The primary objective of this contract is to provide comprehensive debt collection services for EXIM's defaulted loans in Germany, with a structured approach to recovery that prioritizes extrajudicial collection before litigation. Contractors must be prepared to perform preliminary research and asset searches within 90 days, submit a written recovery plan within 60 days of contract execution, and maintain a 99% acceptable quality level for litigation services. Eligibility requires registration and qualification to practice law in Germany, with compensation structured as a contingency fee based on actual cash recoveries. The contract has a five-year period of performance and will involve detailed reporting on litigation proceedings, periodic meetings with recovery officers, and performance evaluations based on litigation success, schedule adherence, cost control, and business relations. The opportunity is not set aside for any specific type of business, allowing broad participation from qualified legal service providers.
Notice text
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.
Files
Notice history
| Notice | Type | Posted |
|---|---|---|
| Standard Recovery - Germany - Follow-on | Award Notice | |
| This notice | Special Notice |
Similar open opportunities
| Opportunity | Agency | Set-aside | Responses due |
|---|---|---|---|
| Recovery Worldwide BPA | Export Import Bank of the US | No set-aside | |
| Standard Recovery - Argentina | Export Import Bank of the US | No set-aside |
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