The Performance Work Statement (PWS) outlines a contract for non-personal Underwriting Support Services (USS) to support the Department of Defense’s Office of Strategic Capital (OSC) Credit Program, established to enhance private capital investments in critical national security technologies. The contractor will provide personnel and resources to assess creditworthiness, ensure compliance with federal laws, and manage financial risks, with responsibilities including documenting approval or denial decisions, maintaining records for transparency, and facilitating communication with stakeholders. The contract spans five years, utilizing a multiple award Indefinite Delivery/Indefinite Quantity structure, and mandates a rigorous quality control program. Security protocols and conflict of interest guidelines are emphasized, along with requirements for contractor personnel to sign Non-Disclosure Agreements. The document also references the necessary tasks elaborated across sections, showing a comprehensive framework aimed at securing and managing federal credit effectively. This initiative reflects the government’s strategic approach to bolster critical technological sectors vital for national defense while maintaining regulatory compliance and risk management.
The document outlines special contract requirements for multiple award indefinite-delivery indefinite quantity (IDIQ) contracts awarded in support of the Department of Defense Office of Strategic Capital (DoD OSC). It specifies two types of task orders: "At Cost to the Government," where federal funds cover costs, and "No Cost to the Government," where applicants directly pay contractors for legal services associated with financing transactions. For no-cost orders, contractors must execute a sponsor payment letter with applicants, clarifying the payment responsibilities and the attorney-client relationship between the contractor and DoD. The document requires contractors to provide detailed monthly invoices for legal fees and expenses to both the applicant and the DoD Contracting Officer's Representative. It explicitly states that the Government has no financial obligations regarding these costs, emphasizing the contractor's assumption of credit risk. This structure ensures clear delineation of responsibilities, facilitates governmental oversight, and encourages accountability, aligning with the broader context of federal funding and compliance regulations. The document also includes sample templates that guide the execution of sponsor payment letters and outlines requirements for contractor engagement and billing processes.
The Department of Defense (DoD), via the Washington Headquarters Services (WHS) Acquisition Directorate, has issued a Sources Sought Notice to gather market information regarding vendors capable of providing Federal Credit Program Underwriting Support Services for the Office of Strategic Capital. This announcement aims to assess the interest and qualifications of potential vendors, including small businesses, ahead of a potential contract initiative worth approximately $175 million to $200 million over five years. Interested entities are instructed to submit detailed capability statements by May 5, 2025. The required submissions should include information about similar past performance, company identifiers, potential contract types, and proposed NAICS codes, while addressing specifics of subcontracting and ability to meet the requirements laid out in the attached Draft Performance Work Statement. This notice highlights the government's proactive steps toward identifying qualified sources and facilitates engagement with businesses ahead of formal solicitation procedures.