Standard Recovery - Brazil (Follow-on)
ID: 83310125Q0022Type: Special Notice
Overview

Buyer

EXPORT-IMPORT BANK OF THE USEXPORT-IMPORT BANK OF THE USEXPORT IMPORT BANK OF USWASHINGTON, DC, 20571, USA

NAICS

Offices of Lawyers (541110)

PSC

SUPPORT- PROFESSIONAL: LEGAL (R418)

Original Source

https://sam.gov/opp/8617770857254bd2bdc9148c26b61d57/view
Timeline
    Description

    The Export-Import Bank of the United States (EXIM Bank) is seeking a contractor to provide asset protection and recovery services in Brazil as part of a sole-source follow-on contract. The primary objective of this procurement is to assist EXIM in collecting outstanding amounts owed by obligors and guarantors, which includes conducting asset searches, negotiations, and potential legal actions related to defaulted loans and guarantees. This initiative is crucial for EXIM Bank's mission to reclaim funds and support U.S. goods and services, particularly in the context of complex international debt recovery. Interested parties can contact Travis Finkle at Travis.Finkle@exim.gov for further details, with the contract performance expected to span five years and a written recovery plan required within 60 days of contract execution.

    Point(s) of Contact
    Travis Finkle
    Travis.Finkle@exim.gov
    Brent Finagin
    William.Finagin@exim.gov
    Files
    Title
    Posted
    JOFOC - Intl Rec_Brazil - FINAL_Redacted.pdf
    The document outlines a justification for a sole-source contract by the Export-Import Bank of the United States (EXIM Bank) for legal services related to debt collection against foreign buyers. It discusses the need for a contractor with specific expertise in locating hidden assets, handling legal risks associated with foreign government entities, and managing complex U.S. Government administrative requirements. The rationale includes the urgency of quickly assigning claims without a familiarization period, improving recovery efforts, and minimizing taxpayer disadvantages that could arise from delays in processing claims. No other sources expressed interest in this acquisition, and the agency does not plan to seek competition for similar future contracts unless other potential suppliers emerge. The document concludes with a certification of the requirement's authenticity and the obligations of the contracting officer, reinforcing the critical nature of the services needed for the EXIM Bank's mission.
    PWS - Intl Rec_Brazil - FINAL_Redacted.pdf
    The Export-Import Bank of the United States (EXIM Bank) intends to contract loan recovery assistance to collect on certain paid claims under its credit guarantee and insurance programs. The contractor will perform a variety of tasks including borrower negotiations, loan restructuring, and potentially legal actions related to defaulted loans and guarantees, specifically in Brazil. The contract spans five years and requires the contractor to submit a written recovery plan within 60 days of execution. The contractor's objectives are to recover assets, initiate legal proceedings if necessary, and provide credit restructuring, with the goal of recovering outstanding debts. Specific tasks include conducting collection investigations, reporting on the collectability of debt, and initiating legal actions if extrajudicial efforts are unsuccessful. The contractor must possess familiarity with the Brazilian judicial system and have qualified attorneys for any litigation. The performance of the contractor will be evaluated based on deliverables, cost control, business relations, and management of personnel. This initiative underscores EXIM Bank's commitment to reclaiming funds to uphold its financing support for U.S. goods and services.
    Lifecycle
    Title
    Type
    Standard Recovery - Brazil (Follow-on)
    Currently viewing
    Special Notice
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