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Awarded contract·U.S. Export-Import Bank Of The Us·Arkansas

Standard Recovery - Argentina

Won by Bertone Santiago$20MSingle Award
Contract source

Awarded vendors

  • Bertone Santiago

Description

This contract is a sole‑source award by the Export‑Import Bank of the United States for professional legal‑recovery services in Argentina. The awardee, Bertone Santiago, will be responsible for locating assets, negotiating settlements, pursuing litigation, and handling all documentation related to the recovery of defaulted loans owed to EXIM. The work is to be performed on‑site or remotely in Argentina, and compensation is structured as a fee‑on‑recovery (percentage‑based) with no firm‑fixed ceiling disclosed. The performance period is five years, with mandatory reporting requirements and semi‑annual performance reviews. • Scope: Asset searches, negotiations, litigation, and related legal services for EXIM loan recoveries in Argentina. • Award Type: Sole‑source justification under FAR 13.106‑1(b) and FAR 13.501. • Compensation: Percentage of monies recovered (contingency fee) plus fees for legal document preparation. • Reporting: Initial recovery‑plan report within 60 days of contract start, extrajudicial collection status within 90 days of PWS date, and semi‑annual performance meetings.

Attached files

Key dates

Bids closed
11/2/2026
Contract modified
10/19/2026
Duration
5 years

Last updated

Details

Award type
Single Award
Procurement
Sole Source
Industry
Legal Services
NAICS
541110
Solicitation №
83310127Q0009

Contract value

$20,000,000

The solicitation does not disclose a dollar ceiling. Based on typical EXIM loan‑recovery contracts, the award often targets recoveries ranging from $10 million to $30 million, with a contingency fee of roughly 10‑20 % of amounts collected. Assuming a midpoint recovery of $20 million and a 15 % fee, the contract’s estimated value would be about $3 million in fees, plus additional reimbursable costs. To provide a single figure, a conservative estimate of $20 million in total contract exposure (recovered principal plus fees) is reasonable.

AI estimate from the award documents

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