MODIFICATION
R -- Commercial Legal Services
- Notice Date
- 5/9/2018
- Notice Type
- Modification/Amendment
- NAICS
- 541110
— Offices of Lawyers
- Contracting Office
- Overseas Private Investment Corporation, Contracts and Administrative Services, Contracts and Administrative Services, 1100 New York Ave, NW, Washington, District of Columbia, 20527
- ZIP Code
- 20527
- Solicitation Number
- OPIC-18-R-0017
- Archive Date
- 6/2/2018
- Point of Contact
- Trenescia Cowans, Phone: 2023368575
- E-Mail Address
-
Trenescia.Cowans@opic.gov
(Trenescia.Cowans@opic.gov)
- Small Business Set-Aside
- N/A
- Description
- Amendment 1- To extend the submission date to 05/18/2018. **THIS IS A NOTICE OF INTENT TO AWARD A SOLE SOURCE CONTRACT FOR COMMERCIAL LEGAL SERVICES** The Overseas Private Investment Corporation (OPIC) is the U.S. Government's Development Finance Institution. OPIC's mission is to provide loans, guaranties, political risk insurance, and investment funds to assist American businesses expand into emerging markets. This is a notice issued as required by FAR 5.203. Due to this procurement being for commercial services and having a not-to-exceed value of below the $7,000,000, OPIC intends to award this sole source contract under the authority of FAR 13.501(a)(1). OPIC requires legal counsel to represent and advise OPIC in connection with decisions regarding potential remedies arising from multiple events of default under loan documents related to Abraaj Growth Markets Healthcare Fund (redacted for sensitivity) transaction an investment guaranty provided by OPIC to an investment fund (the "Fund") and other remedies that may be available to OPIC and the limited partners pursuant to the Fund documentation. It is essential for OPIC to engage a law firm that has both New York law and English law expertise, existing knowledge of and experience with investment funds, particularly Cayman Islands funds and including working with limited partners and lenders to a fund, potential litigation against a fund general partner and investment manager and related matters,. Please note that OPIC will be retaining counsel jointly with other members of the Fund's limited partner advisory committee (the "LPAC") for this matter and selection of counsel will be subject to unanimous approval of the LPAC. In order to perform this work, a law firm must have attorneys directly employed by the firm who have provided representation or counsel in connection with investment funds work including removal of a fund's general partner. A firm must also have expertise in fund litigation and mergers & acquisitions. The attorneys must also not be limited or prevented by conflict of interest from representing OPIC or any members of the LPAC in this matter. The North American Industry Classification System (NAICS) code for this requirement is 541110 with the size standard of $11 million. This notice of intent is not a request for proposals or quotes; however, all responsible and capable sources may submit statements of capabilities, which, if received within seven calendar days of publication of this notice, shall be considered by OPIC. A determination by the Government not to open the requirement to competition based upon the responses to this notice is solely within the discretion of the Government. This notice does not restrict the Government in any way to an ultimate acquisition approach. Information received will be considered solely for the purpose of determining whether to conduct a competitive procurement. THIS IS NOT A REQUEST FOR PROPOSAL AND IS NOT TO BE CONSIDERED AS A COMMITMENT BY THE GOVERNMENT.
- Web Link
-
FBO.gov Permalink
(https://www.fbo.gov/spg/OPIC/CAS/CAS/OPIC-18-R-0017/listing.html)
- Place of Performance
- Address: 1100 New York Avenue, Washington, District of Columbia, 20527, United States
- Zip Code: 20527
- Zip Code: 20527
- Record
- SN04916570-W 20180511/180509230804-e9ac3c38c2d19638284d230ccc30039a (fbodaily.com)
- Source
-
FedBizOpps Link to This Notice
(may not be valid after Archive Date)
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