MODIFICATION
R -- Asset Allocation Plan Development
- Notice Date
- 5/29/2002
- Notice Type
- Modification
- Contracting Office
- Overseas Private Investment Corporation, Contracts and Administrative Services, Contracts and Administrative Services, 1100 New York Ave, NW, Washington, DC, 20527
- ZIP Code
- 20527
- Solicitation Number
- OPIC02Q005
- Response Due
- 6/3/2002
- Archive Date
- 6/18/2002
- Point of Contact
- Valerie Settles, Contract Specialist, Phone 202-336-8554, Fax 202-312-2176,
- E-Mail Address
-
VSETT@OPIC.GOV
- Description
- This is a combined synopsis/solicitation for commercial items prepared in accordance with the format in Subpart 12.6, as supplemented with additional information included in this notice. Solitication OPIC-02-Q-005 is being issued as a Request for Quotation (RFQ) using simplified acquisition procedures. Quotations are requested and a written solicitation will not be issued. The solicitation provisions and clauses are those in effect through FAC 01-07. The North American Industrial Classification System (NAICS) code applicable to this procurement is 523930. The small business size standard is $6,000,000 in annual revenue.***** INTRODUCTION. The Overseas Private Investment Corporation ("OPIC" or the "Agency"), an agency of the U.S. Government, is seeking a private equity investment advisor (the "Advisor") to assist the Agency's Investment Funds Department ("IFD") in analyzing our existing portfolio and developing an annual allocation system for future investment funds. BACKGROUND. The Overseas Private Investment Corporation (?OPIC?) is a self-sustaining U.S. government agency that assists U.S. private investment in over 140 emerging market economies and developing countries through four principal activities: project finance, political risk insurance, private equity investment funds and outreach activities. OPIC assisted projects are required to uphold important American values as they pertain to human rights, workers rights, the environment, and the impact on the U.S. economy. Over the agency's 31-year history, OPIC has supported $138 billion invested in 3,000 projects, generating over $10 billion in host-government revenues and nearly 668,000 host-country jobs. OPIC projects have also generated $63.6 billion in U.S. exports and create nearly 250,000 American jobs. OPIC?s investment funds program currently supports capital commitments of $3.4 billion in 28 privately owned, privately managed investment funds that make direct equity and equity-related investments in new, expanding or privatizing companies in 140 emerging market economies. The capital structure of each fund is comprised of OPIC-guarantied debt and private equity commitments. OPIC intends to develop a system for developing an annual asset allocation plan which will take into account the objectives of OPIC?s management and stakeholders, as well as OPIC?s present credit exposure to funds, to determine the Agency?s future allocations in support of investment funds.***** DESCRIPTION OF SERVICES: CONSULTANT TO DEVELOP SYSTEM FOR DEVELOPING AN ANNUAL ASSET ALLOCATION PLAN. The Advisor shall work with IFD management to develop a strategy for creating an annual investment allocation plan consistent with the objectives of OPIC?s management and stakeholders that can be used by the Agency to determine future support of investment funds in OPIC-eligible countries.***** TECHNICAL REQUIREMENTS. ASSISTANCE IN DEVELOPING INVESTMENT ALLOCATION PLAN. Assist IFD in creating a strategy and methodology to develop an annual investment allocation plan. Consideration shall be given to objectives of OPIC?s management and stakeholders, as well as to present credit exposure. The Advisor shall assist OPIC in developing an allocation strategy that will consider overall allocation of credit exposure, fund sizes, deal sizes, number of partnerships, and the time and resources necessary to execute the plan. The strategy shall include appropriate consideration to the current portfolio risk exposure, valuations, flow trends, as well as absorptive capacity in OPIC's markets, to what degree the markets have the preconditions for successful private equity investing, and the potential to have a developmental impact. The plan will then be designed to cover OPIC's markets in dollar amounts consonant with this absorptive capacity, and focusing on maximizing developmental impact without incurring losses.***** DELIVERABLE ITEMS. The Advisor shall deliver the following items to IFD: A. A framework for analyzing OPIC?s existing portfolio consistent with the criteria described above; B. An analysis of OPIC?s existing portfolio consistent with the criteria described above; C. A framework for creating an annual allocation taking into account the factors listed above, and D. Assist IFD in developing its asset allocation plan for FY 2003.***** PLACE OF PERFORMANCE. Desk research at contractor's facility; meetings in Washington, D.C. (estimated 5 trips).***** The government contemplates award of a Firm Fixed Price type of contract. The Period of Performance is sixty (60) days from date of award. The following clauses and provisions are applicable to this procurement. Pursuant to FAR 52.252-1, Solicitation Provisions Incorporated by Reference, the full text of a solicitation provision may be accessed electronically at http://www.arnet.gov./far. The following clauses and provisions are applicable to this procurement. FAR 52.212-1, Instructions to Offerors - Commercial. Submit FAR 52.212-3, Offeror Representations and Certifications-Commercial Items; with your quotation. The following clauses are incorporated by reference: FAR 52.212-4 Contract Terms and Conditions-Commercial Items. FAR 52.212-5 Contract Terms and Conditions Required to Implement Statutes or Executive Orders-Commercial Items. Award of the contract will be made to the Offeror whose proposal offers the greatest value to the Government in terms of past performance and technical capability rather than to the proposal offering the lowest price. Best value is determined by considering trade-off between past performance, technical capability and price. Past performance and technical capability combined are more important than price. The 3 EVALUATION FACTORS referenced in FAR 52.212-2, Evaluation - Commercial Items are: 1. Past Performance: Identify and provide dollar amount and performance of private equity funds in which your company has recommended or made investments. Each quoter shall describe their past performance on contracts held within the last three years which are of similar scope, magnitude and complexity to that which is detailed in this RFQ. Contracts may include those entered into with Federal, State and local government agencies and commercial customers. If the quoter does not have a past performance history relating to this RFQ, the quoter will be evaluated neither favorably nor unfavorably for this factor. ***** 2. Technical Capability: Experience in providing advisory services to institutional clients with regard to asset allocation and portfolio management. As well as experience in providing advisory or asset management services with respect to international private equity, including the emerging markets. Experience in providing advisory services to institutional clients with regard to asset allocation and portfolio management. Access to benchmark data of relevance to OPIC?s area of interest and ability to make this data available to OPIC. Special consideration will be given to those firms with a broad and extensive roster of clients, including public, corporate and institutional investors; staff experienced in evaluating private equity and emerging markets private equity fund managers; and a proven, rigorous and disciplined due diligence process, and research capability including access to relevant benchmark data. In addition, the selected Advisor will need to be able to mobilize a dedicated team and start work immediately to meet an aggressive schedule. Your quote should provide a diagram and/or description of your company?s due diligence process in evaluating fund managers. Subfactors: References: Institutional client list?illustrating the depth and range of clients for which your company has provided advisory, monitoring, or asset management services. Resumes: Organization chart and resumes of key personnel who will be assigned to this project, including private equity fund management selection and international experience. Staffing: All personnel who are assigned to the project should have the appropriate qualifications and have a thorough understanding of the work to be done. 3. Price: Price will be evaluated for reasonableness.***** Quotes are due on June 3, 2002 by 3:00 PM, Eastern Standard Time, at the Overseas Private Investment Corporation , ATTN: Valerie Settles, OPIC, 1100 New York Avenue, N. W., Washington, DC 20527. No collect telephone calls will be accepted.*****
- Record
- SN00084860-W 20020531/020529213357 (fbodaily.com)
- Source
-
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