Standard Recovery - Various Countries - Follow On
Awarded Award Notice Posted
- Solicitation number
- 83310124P0037
- Agency
- Export Import Bank of the US
- Awarded
- to IA Group B.V.
- Set-aside
- No set-aside
Opportunity facts
- Contract number
- 83310124P0037 Federal contract award
- 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 Export Import Bank of the US awarded a follow-on contract to IA GROUP B.V. on January 26, 2024 for standard recovery services in various countries continuing recovery actions from a previous individual contract. Per FAR 16.505(2)(C), the follow-on contract for the same recovery case(s) was awarded on a sole source basis to the original vendor for $40,496.54 given the long length of recovery processes and need to establish fairness for a limited pool of recovery vendors supporting the agency's long-term interests.
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.
Awarded contract 83310124P0037 to IA GROUP B.V. for 40496.54 on 2024-01-26.
Notice history
| Notice | Type | Posted |
|---|---|---|
| Standard Recovery - Various Countries - Follow On | Award Notice | |
| Standard Recovery - Various Countries | Special Notice |
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