Standard Recovery - Mexico - Follow On
Closed Special Notice Posted
This opportunity was awarded. See the award notice from .
- Solicitation number
- 83310124Q0103
- 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
- Mexico
- Points of contact
Notice details come from SAM.gov. Updated .
About this opportunity
This Special Notice is from the Export-Import Bank of the United States (EXIM Bank) regarding a follow-on contract for international loan recovery services in Mexico. The EXIM Bank is seeking a contractor to continue collection efforts, including asset searches, negotiations, litigation, and asset embargoes and executions, for an outstanding debt owed to the agency.
The purpose of this Special Notice is to justify and authorize the award of a sole-source follow-on contract to the incumbent vendor, [redacted], who possesses the specialized knowledge, experience, and local counsel necessary to efficiently continue the recovery process. The contract will have a performance period aligned with the ongoing case, and the anticipated costs are deemed fair and reasonable based on prior experience and market data. Eligibility is limited to the incumbent vendor due to the complex requirements and need for confidentiality, which makes identifying multiple qualified firms impractical. The follow-on contract will allow EXIM Bank to retain the vendor familiar with the case and maintain good relations with a limited pool of recovery 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 - Mexico - Follow On | Award Notice | |
| This notice | Special Notice |
Similar open opportunities
| Opportunity | Agency | Set-aside | Responses due |
|---|---|---|---|
| Standard Recovery - Argentina | 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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