Standard Recovery - Mexico & Saudi Arabia
Closed Special Notice Posted
This opportunity was awarded. See the award notice from .
- Solicitation number
- 83310125Q0006
- 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
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 contract to IA Group B.V. for legal recovery actions in Mexico and Saudi Arabia. The contract is classified under NAICS code 541110 (Office of Lawyers) with a size standard of $11.0M and will involve asset protection and recovery services. The procurement is being conducted under Federal Acquisition Regulation (FAR) Clauses 6.302-1 and 13.501(a), which permit other than full and open competition. The Special Notice was posted on January 3, 2025, with responses being accepted until January 21, 2025, at 10:00 AM EDT. EXIM Bank's primary objective is to collect outstanding amounts owed to the bank by specific obligors and guarantors through comprehensive recovery efforts.
The purpose of this Special Notice is to determine if alternative sources exist for the proposed contract action, though it is not a competitive solicitation. Interested vendors must be registered in the System for Award Management (SAM) and can submit information for consideration before the specified deadline. The contract will be a firm fixed price arrangement focused on assisting EXIM in recovering outstanding amounts through methods such as asset searches, site visits, negotiations, litigation, documentation of agreements, and asset embargo/execution. Contractors must be capable of performing legal recovery actions specifically in Mexico and Saudi Arabia, with the work to be executed across multiple jurisdictions including Washington, DC. The contract will involve comprehensive recovery services, including preliminary research, extrajudicial collection attempts, potential legal proceedings, and structured compensation based on actual cash recoveries. Contractors will be required to provide detailed progress reports and maintain a high performance standard with a 99% acceptable quality level.
Notice text
EXIM Bank Washington, DC is providing a notice of intent to issue a sole source award to provide asset protection and recovery.
The Product/Service Code is R418.
The associated North American Industry Classification System (NAICS) code is 541110 - Office of Lawyers, which has a size standard of $11.0M.
Interested vendors must be registered in the System for Award Management (SAM) at https://www.sam.gov/portal/public/SAM/.
EXIM Bank intends to award on a Sole Source Basis to IA Group B.V. for legal recovery actions in Mexico and Saudi Arabia.
The circumstances permitting Other Than Full and Open Competition are Federal Acquisition Regulation (FAR) Clause 6.302-1 and FAR Clause 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 January 21, 2025 at 10:00AM (EDT) 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.
Closing Response Date: January 21, 2025 at 10:00AM EDT
Contract Type: Firm Fixed Price
Description:
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 the attached Performance Work Statement (PWS).
Electronic procedures will be used for this solicitation through Contract Opportunities at https://sam.gov/.
Place of Contract Performance:
EXIM Bank in Washington, DC, Mexico, and Saudi Arabia
Files
Notice history
| Notice | Type | Posted |
|---|---|---|
| Standard Recovery - Mexico & Saudi Arabia | Award Notice | |
| This notice | Special Notice |
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| Opportunity | Agency | Set-aside | Responses due |
|---|---|---|---|
| Recovery Worldwide BPA | Export Import Bank of the US | No set-aside | |
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