Standard Recovery - Various Countries

Closed Special Notice Posted

This opportunity was awarded. See the award notice from .

Solicitation number
83310124Q0068
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
Netherlands

Notice details come from SAM.gov. Updated .

About this opportunity

The Special Notice from the Export-Import Bank of the United States (EXIM) describes a process for awarding follow-on recovery contracts on a sole source basis to the original vendor. When an individual asset management, debt, and recovery (AMD) contract ends but the recovery action remains pending, EXIM will award subsequent contracts to the original vendor as long as it is for the same recovery case or cases.

The rationale behind this practice is maintaining fairness for vendors given the contingency payment structure and frequently lengthy recovery process. With limited qualified vendors available, changing contractors could result in the original vendor performing much of the work while a new vendor realizes recovered funds. Awarding follow-on contracts in this manner establishes stability, retains good relations among the small pool of eligible contractors, and ultimately benefits the government. The Special Notice has a due date of January 19, 2024 for recovery services in various countries.

Notice text

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.

Attachments

Files attached to this notice, newest first
File Type Posted
PWS Scope - Batch Recovery with IA Group BV - Redacted.pdf PDF
JOFOC - Batch Recovery with IA Group BV - Redacted.pdf PDF

Notice history

Notices posted for this opportunity, newest first
Notice Type Posted
Standard Recovery - Various Countries - Follow On Award Award Notice
Standard Recovery - Various Countries This notice · Latest special notice Special Notice

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