Standard Recovery - Global

Justification and Approval for Other Than Full and Open Competition

This document justifies the Export-Import Bank of the United States (EXIM Bank) awarding a Firm Fixed Price (FFP) Purchase Order to IA Group BV for legal recovery services. The services are intended to assist EXIM Bank in collecting outstanding amounts owed by obligors/buyers and their guarantors.

• Provide professional services including labor, materials, postage, tools, travel, and supervision.

• Undertake the judicial process for asset recovery.

• Perform collection on EXIM Bank defaulted loans, specifically for cases in Saudi Arabia, Italy, Madagascar, Estonia, Kazakhstan, and United Arab Emirates.

• Attempt recovery on behalf of EXIM Bank and, if instructed, institute legal proceedings or provide credit restructuring services.

• Globally locate debtors and guarantors.

• Contract Type: Firm Fixed Price (FFP)

• Period of Performance: Five (5) years

• Estimated Value: Not explicitly stated, but includes due diligence costs and recovery fees.

This document is a justification for other than full and open competition, not a solicitation. Therefore, proposal submission and evaluation criteria are not applicable.

This acquisition is being processed under "Other Than Full and Open Competition" based on the unique qualifications of IA Group BV and the nature of the acquisition. IA Group BV is registered in SAM and has demonstrated experience in global recovery matters and complex U.S. Government administrative requirements.

• The justification cites FAR 13.106-1(b) and FAR 13.501 as the statutory authorities.
• IA Group BV is stated to be the only firm capable of providing these services without causing duplication of costs or unacceptable delays.
• No other sources expressed written interest in this acquisition.

Statement of Work (SOW) / Performance Work Statement (PWS)

This Performance Work Statement (PWS) outlines the requirements for a recovery firm to provide loan recovery assistance for certain paid claims under EXIM Bank's credit guarantee and insurance programs. The primary goal is to recover outstanding debt from debtors and guarantors.

• Provide personnel, equipment, supplies, facilities, transportation, tools, materials, supervision, and other non-personal services for loan recovery.

• Services include collection, borrower negotiations, restructuring, workout agreements, and instituting legal proceedings.

• The scope covers specific cases in Saudi Arabia, Italy, Madagascar, Estonia, Kazakhstan, and United Arab Emirates.

• The contractor will perform preliminary research, evaluate cases, conduct asset searches, perform credit analysis, and attempt extrajudicial collection within 90 days.

• If extrajudicial collection fails, the contractor will, upon written instruction, file legal proceedings.

• Performance ratings are based on Litigation, Schedule, Cost Control, Business Relations, and Management of Key Personnel.

• Specific metrics include response timeliness, deliverable completion (100% inspection), and professional conduct.

• A Performance Requirement Summary (PRS) table details acceptable quality levels and surveillance methods.

• The PWS is dated March 10, 2026.

• The scope of work is global, involving various countries.

• The contractor must have full knowledge of the global judicial system and be a qualified/registered attorney in relevant countries if litigation is pursued.

• Government-furnished information will be provided via email from the COR.

• Extraordinary expenses require prior written agreement.

• Deliverables include reports on litigation proceedings/outcomes and semi-annual meetings with EXIM Bank's OGC.