U. S. Legal Services for International Finance and Political Risk Insurance Transactions
Award Notice Posted
- Solicitation number
- OPIC-16-R-0014
- Awarded
- to Future Enterprises Inc.
- Set-aside
- Partial Small Business
Opportunity facts
- Contract number
- Various Federal IDV award
- NAICS code
- 541110 Offices of Lawyers
- PSC
- Not on record
Notice details come from SAM.gov. Updated .
Notice text
2 versions
Update #2 · Latest ·
BACKGROUND
Through its finance, political risk insurance and investment funds products, the Overseas Private Investment Corporation (OPIC) helps U.S. businesses of all sizes invest in developing countries worldwide. OPIC's Department of Legal Affairs is charged with providing OPIC with high-quality legal representation and advice in the most practical, efficient, and cost-effective manner. To assist it in discharging these responsibilities, OPIC may engage and be responsible for payment of services of outside counsel.
SUMMARY OF REQUIREMENT
OPIC anticipates a need of legal support services. Law firms (Contractors) are to provide legal support services involving structuring, negotiation, documentation, monitoring and collection of international finance transactions and privately managed investments funds, and legal support services for political risk insurance policies and claims for compensation, all of which are for projects in developing countries where OPIC support is available.
OPIC will utilize the Prospective Contractor Lists (Lists) established by this solicitation to award IDIQ Task Orders to Contractors to act as outside counsel to OPIC on matters falling within the specified areas of expertise. Once OPIC's Department of Legal Affairs has determined (i) a need for outside counsel on a particular matter; (ii) that the matter requires a type of expertise specified on a List; and (iii) that OPIC will be responsible for payment for the services of outside counsel, OPIC may solicit bids from some or all of the Contractors included on the applicable List. Then, the Contractor selected by OPIC based on competitive criteria will be retained to represent OPIC on that particular matter, and OPIC will be responsible for payment for the services.
Prospective Contractor Lists
1. Project Finance
2. Small Impact Investing Finance
3. Investment Funds
4. Political Risk Insurance
Please see the attached solicitation for more information.
Update #1 ·
BACKGROUND
Through its finance, political risk insurance and investment funds products, the Overseas Private Investment Corporation (OPIC) helps U.S. businesses of all sizes invest in developing countries worldwide. OPIC's Department of Legal Affairs is charged with providing OPIC with high-quality legal representation and advice in the most practical, efficient, and cost-effective manner. To assist it in discharging these responsibilities, OPIC may engage and be responsible for payment of services of outside counsel.
SUMMARY OF REQUIREMENT
OPIC anticipates a need of legal support services. Law firms (Contractors) are to provide legal support services involving structuring, negotiation, documentation, monitoring and collection of international finance transactions and privately managed investments funds, and legal support services for political risk insurance policies and claims for compensation, all of which are for projects in developing countries where OPIC support is available.
OPIC will utilize the Prospective Contractor Lists (Lists) established by this solicitation to award IDIQ Task Orders to Contractors to act as outside counsel to OPIC on matters falling within the specified areas of expertise. Once OPIC's Department of Legal Affairs has determined (i) a need for outside counsel on a particular matter; (ii) that the matter requires a type of expertise specified on a List; and (iii) that OPIC will be responsible for payment for the services of outside counsel, OPIC may solicit bids from some or all of the Contractors included on the applicable List. Then, the Contractor selected by OPIC based on competitive criteria will be retained to represent OPIC on that particular matter, and OPIC will be responsible for payment for the services.
Prospective Contractor Lists
1. Project Finance
2. Small Impact Investing Finance
3. Investment Funds
4. Political Risk Insurance
5. Specialty Legal Advice
PLACE OF PERFORMANCE
The services provided will be completed off-site. Some meetings will require a visit to the OPIC Headquarters that is located at:
Overseas Private Investment Corporation
1100 New York Avenue, NW
Washington DC 20527
PERIOD OF PERFORMANCE FOR THE IDIQ (LIFE OF THE IDIQ)
The period of performance of the awarded IDIQs will be one year from the date of award. There will also be the potential for four (4) one-year option periods. Each IDIQ will be reviewed on an annual basis to determine if it is in OPIC's best interest to extend the IDIQ(s). The potential total period of performance for the IDIQ(s) is five (5) years.
ANTICIPATED NUMBER OF IDIQ TASK ORDERS; MINIMUM AND MAXIMUM DOLLAR VALUES
It is anticipated that between 30 and 40 orders (each, an "IDIQ Task Order") may be made for services each year to some or all of the Contractors who are awarded an IDIQ. It is anticipated that the potential value of each IDIQ Task Order is likely to range between $10,000 and $150,000, but may potentially be higher in value. The estimated minimum value of the contracts annually is $300,000. The estimated maximum value of the contracts annually is $3,000,000.
PARTIAL SET ASIDE FOR AWARDS
This procurement is a partial small business set-aside using NAICS Code 541110. Awards will be made based on the following:
A. SET-ASIDE AWARD(S)
One contract per List will be set aside for small business concerns. Please see https://www.sba.gov/contracting/getting-started-contractor/make-sure-you-meet-sba-size-standards/table-small-business-size-standards for more information regarding the determination of business size.
Preference will be given in the following order:
1. 8(a), HUBZone, Service Disabled Veteran Owned Small Businesses (SDVOSBs), Economically Disadvantaged Woman Owned Small Businesses (EDWOSBs), and Woman Owned Small Businesses (WOSBs)
2. All Other Small Business Concerns
B. NON SET-ASIDE AWARD(S)
This is the non-set aside portion of the solicitation. All business concerns may submit a response to the RFP. If many small businesses respond to the solicitation and are qualified, preference will be given in the following order:
1. 8(a), HUBZone, Service Disabled Veteran Owned Small Businesses (SDVOSBs), Economically Disadvantaged Woman Owned Small Businesses (EDWOSBs), and Woman Owned Small Businesses (WOSBs)
2. All Other Small Business Concerns
3. Large Businesses
All small businesses must state in their response to this RFP if they are submitting a response to be evaluated for the set-aside award(s), the non-set aside award(s), or both portions.
Files
| File | Type | Posted |
|---|---|---|
| Awardees_-_LA_IDIQ-Final.xlsx | XLSX spreadsheet | |
| Awardees_for_Solicitation_-_LA_IDIQ.pdf | ||
| Q A_-_OPIC-16-R-0014.pdf | ||
| Clarifications_for_OPIC-16-R-0014.pdf | ||
| Solicitation_for_OPIC-16-R-0014.pdf |
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