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FBO DAILY ISSUE OF FEBRUARY 20, 2009 FBO #2643
AWARD

R -- Interim Legal Services

Notice Date
2/18/2009
 
Notice Type
Award Notice
 
NAICS
541110 — Offices of Lawyers
 
Contracting Office
Department of the Treasury, Departmental Offices/Procurement Services Division (DO/PSD), Procurement Services Division (PSD), 1425 New York Avenue, Suite 2100, Washington, District of Columbia, 20220
 
ZIP Code
20220
 
Solicitation Number
RFP-2009-TARP-A09034
 
Archive Date
3/5/2009
 
Point of Contact
Patrick K. Breen,, Phone: 202.622.0248
 
E-Mail Address
Patrick.Breen@do.treas.gov
 
Small Business Set-Aside
N/A
 
Award Number
TOS09022
 
Award Date
2/12/2009
 
Awardee
Locke Lord Bissell & Liddell, LLP, 401 9th Street N.W.<br />, Suite 400 South, Washington, District of Columbia 20004, United States
 
Award Amount
Contract Ceiling $2,000,000.00
 
Description
The Contractor shall provide expert legal services in support of Treasury investments in private-sector institutions under the Emergency Economic Stabilization Act of 2008 (EESA). Work under the contract is expected to include the following tasks: Task 1 - Subchapter S Investment Structure/Documentation. The Contractor will assist Treasury in developing the form, structure, terms and conditions, and documentation for Treasury investments in entities that are taxed under Chapter 1, Subchapter S of the Internal Revenue Code. Such Treasury investments may include co-investment accompanying private sector investment, Government investment without private sector investment, purchases of assets or debt instruments and other direct investments. The draft investment documentation shall conform with all terms, conditions, and requirements of the Act, regulations, Treasury policy, and best practices, and shall be acceptable to Treasury in all other respects. Task 2 – Transaction Closing Legal Services. The Contractor will handle closings of EESA investment transactions where existing counsel under Treasury’s Capital Purchase Program (CPP) are unable to perform due to conflicts of interest. The Contractor also may be tasked to handle closings of transactions for which it has created documentation. In all such transactions, the Contractor will be responsible for (1) conducting any due diligence required for the transaction, (2) customizing form agreements to document the transaction, (3) reviewing executed agreements for legal sufficiency and completeness; (4) identifying insufficiencies or legal issues that require action before the transactions can be closed; (5) notifying and working with the institution and Treasury in resolving those issues; (6) conducting the closing of the transaction, and (7) handling any post-closing matters associated with transactions under the program. Other Tasks. Treasury may also issue other task orders within the general scope of this contract. The specific services to be performed by the Contractor will be defined in individual task orders.
 
Web Link
FedBizOpps Complete View
(https://www.fbo.gov/?s=opportunity&mode=form&id=c5ccd476e8ab840487a200fbfc887d72&tab=core&_cview=1)
 
Record
SN01752334-W 20090220/090218215834-c5ccd476e8ab840487a200fbfc887d72 (fbodaily.com)
 
Source
FedBizOpps Link to This Notice
(may not be valid after Archive Date)

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