Number: 296247
Country: United States
Source: Federal Business Opportunities
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. Because this procurement will have a not-to-exceed value of below the Simplified Acquisition Threshold, OPIC intends to award this sole source contract under the authority of FAR 13.501(a)(1).
OPIC requires legal counsel to represent it in the due diligence, negotiation, documentation, and project monitoring of a guaranty in favor of MFX Solutions, Inc. in connection with its commitments to and from The Currency Exchange Fund, N.V. ("TCX").
In order to perform this work, a law firm must have attorneys directly employed by the firm who have experience representing clients in prior commercial transactions with MFX and TCX. The law firm"s attorneys must possess substantive experience and knowledge in the currency hedging businesses, as well as in the structure of derivative financial instruments that capitalize TCX. Law firms that currently have either MFX Solutions or TCX as clients are precluded from consideration due to immitigable conflict of interest.
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. Information received will be considered solely for the purpose of determining whether to conduct a competitive procurement.
