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Standard Recovery - Dominican Republic (Follow-on)   2

ID: 83310125Q0018 • Type: Special Notice

Description

Synopsis 83310125Q0018 | Claim in the Dominican Republic (Follow On)

EXIM Bank, headquartered in Washington, D.C., is providing this notice of intent to issue a sole source follow-on award to provide asset protection and recovery services.

The applicable Product/Service Code is R418.

The applicable North American Industry Classification System (NAICS) code is 541110 - Office of Lawyers, which has a size standard of $15.5M.

This requirement is to assist EXIM in its efforts to collect outstanding amounts owed to EXIM by the obligor/buyer and all guarantors, if any. These efforts will include, as EXIM may direct, asset searches, site visits, negotiations, litigation, documentation of agreements, embargoing assets and executing upon assets. See attached PWS.

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.

Place of Contract Performance:

EXIM Bank in Washington, D.C. and the Dominican Republic

Contracting Point of Contact and/or Contracting Officer:

Travis Finkle

Travis.Finkle@exim.gov

Contracting Office Address:

Office of Contracting Services

811 Vermont Ave. NW

Washington, DC 20571

Background
The Export-Import Bank of the United States (EXIM Bank), headquartered in Washington, D.C., is issuing a notice of intent to award a sole source follow-on contract for asset protection and recovery services. EXIM Bank supports the financing of U.S. goods and services by assuming credit and country risks that the private sector cannot accept.

The Asset Recovery Group (ARG) within EXIM Bank is responsible for seeking repayment from debtors and guarantors after claims are paid under its insurance policies and guarantees.

Work Details
The contractor will provide collection services for defaulted loans, which may include borrower negotiations, restructuring, workout agreements, asset searches, site visits, negotiations, litigation, documentation of agreements, embargoing assets, and executing upon assets.

Specific tasks include:
1) Conducting collection investigation services for EXIM Bank on the case involving Effie Business Corp. in the Dominican Republic;
2) Preparing a written report outlining the recovery plan and estimated collectable amounts before starting recovery services;
3) Attempting extrajudicial collection of the claim amount within 90 days and reporting results;
4) Filing legal proceedings against debtors and guarantors if extrajudicial efforts fail;
5) Providing all necessary labor, materials, tools, travel expenses, and supervision to perform these tasks.

Period of Performance
The contract will be performed over a period of five years.

Place of Performance
The contract will be performed at EXIM Bank in Washington, D.C., and in the Dominican Republic.
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Overview

Agency
Export Import Bank of the US (EXIM)
Response Deadline
April 9, 2025, 10:00 a.m. EDT Past Due
Posted
March 25, 2025, 1:04 p.m. EDT
Set Aside
None
NAICS
541110 - Offices of Lawyers
PSC
R418 - Support- Professional: Legal
Place of Performance
Dominican Republic
Source
SAM
Current SBA Size Standard
$15.5 Million
Pricing
Likely Fixed Price
Est. Level of Competition
Sole Source
Est. Value Range
$15,500,000 (value based on agency estimated range)
On 3/25/25 Export Import Bank of the US issued Special Notice 83310125Q0018 for Standard Recovery - Dominican Republic (Follow-on) due 4/9/25.
Primary Contact
Name
Travis Finkle   Profile
Email
travis.finkle@exim.gov
Phone
None

Secondary Contact

Name
Brent Finagin   Profile
Email
william.finagin@exim.gov
Phone
None

Documents

Posted documents for Special Notice 83310125Q0018

Question & Answer

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Additional Details

Source Agency Hierarchy
EXPORT-IMPORT BANK OF THE US > EXPORT-IMPORT BANK OF THE US > EXPORT IMPORT BANK OF US
FPDS Organization Code
8300-833101
Source Organization Code
100188469
Last Updated
March 25, 2025
Last Updated By
travis.finkle@exim.gov
Archive Date
April 24, 2025