MODIFICATION
R -- Project Monitoring PSC position
- Notice Date
- 9/16/2019
- Notice Type
- Modification/Amendment
- NAICS
- 541990
— All Other Professional, Scientific, and Technical Services
- 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
- 71311119Q0011
- Archive Date
- 10/5/2019
- Point of Contact
- Keron White, Phone: 202)357-3960
- E-Mail Address
-
keron.white@opic.gov
(keron.white@opic.gov)
- Small Business Set-Aside
- N/A
- Description
- 1.INTRODUCTION AND BACKGROUND This position is located in the Framework Management Division (FMD) under the control of the Financial Portfolio Management Department (FPMD) of the Overseas Private Investment Corporation (OPIC). The Framework Management Division is responsible for project advocacy, management, restructuring, and workout supervision of all exposure generated under framework, financial institutions and related financial intermediary transactions. The Project Monitoring Officer (PMO) provides direct support to the Managing Director (MD)/FMD in overseeing a portfolio of the most complex, precedent-setting finance, financial institution, framework and microfinance (MFI) projects and, in the fulfillment of these responsibilities, may perform this work alone or in combination with more junior or senior FMD officers as directed by the MD/FMD. The PMO provides assistance, support and back-up to the MD/FMD, or any other senior officer as designated by the MD/FMD, for all OPIC financial institution loans and framework as well as financially intermediated activities, post­ transfer from business lines throughout the life of the project. Under the direction of the MD/FMD, the incumbent is responsible for effectively managing and overseeing all tasks required to process transactions associated with managing funding of OPIC approved credits for framework transactions, and negotiating, structuring, obtaining approval, and documentation closing on restructurings. Additionally, the incumbent shall, at the direction of the MD/FMD, provide support in effectively managing loan write-downs that may involve handling of assets to mitigate losses to OPIC. Work involves coordinating major financing for international projects, including providing advice and staff support on planning, developing, implementing and evaluating issues related to credit, risk, and OPIC policy. At this level, the incumbent provides critical support that involves business development, analysis of issues, and negotiating with other US agencies, private consultants, or foreign governments on language in documents to which the USG is or will be a signatory. Periodic travel may be required to conduct work in any country and any sector 2.PERSONAL SERVICES CONTRACT OPIC is authorized under Section 239(d) of the Foreign Assistance Act of 1961, as amended, "to enter into limited-term contracts with nationals of the United States for personal services to carry out activities in the United States and abroad under subsection (d) and (e) of section 234" of the FAA. Section 234(d) of the FAA authorizes OPIC to "initiate and support through financial participation, incentive grant, or otherwise, and on such terms and conditions as the Corporation may determine, the identification, assessment, surveying and promotion of private investment opportunities..." Section 234(e) of the FAA authorizes OPIC to "administer and manage special projects and programs, including programs of financial and advisory support which provide private technical, professional, or managerial assistance in the development of human resources, skills, technology, capital savings and intermediate financial and investment institutions and cooperatives and including the initiation of incentives, grants, and studies for renewable energy and other small business activities." A.Definitions i.Personal Services Contract means a contract which establishes an employer-employee relationship between OPIC and the Contractor for the performance of services personally by the contractor.The services may include general continuing services as well as specifically identifiable tasks. ii.Employer-employee relationship means an employment relationship in which the employer supervises or has the power to supervise the performance of the work including, for example, the manner in which it is to be performed or controlled and the days of the week and the hours of the day in which it is to be performed. 3.KEY REQUIREMENTS •U.S. citizenship. •The selected candidate must be able to obtain a Public Trust clearance. •Performance at OPIC Headquarters in Washington, DC •Domestic and international travel may be required. •Statement of Employment & Financial Interest (i.e. Office of Government Ethics "OGE Form- 450," or similar statement) may be required. •Active and approved System for Award Management (www.sam.gov) registration and be listed as sole-proprietor. 4. MAJOR DUTIES AND RESPONSIBILITIES •Manages work in all phases and activities related to OPIC's exposure involving framework lenders and financial institutions, including all phases of the project finance credit management process, from time of the disbursement to repayment. Specific responsibilities include, but are not limited to: effective management of the credit relationships from business units to project management; performing in-depth analysis of: the ongoing nature of the business venture, the financial statements provided by the project and the project sponsors, country related macroeconomic and microeconomic risks, risks related to project contractual obligations; creating/updating,complex financial models for all projects, renegotiating and documenting terms and conditions of existing finance agreements and other project documents monitoring financial covenants and project completion requirements, early detection of potentially adverse risk rated credits, developing and implementing credit actions designed to minimize OPIC's loss in adversely risk rated credits, recommending risk ratings, and determining whether opportunities for new financing exist for OPIC within existing portfolio. •Manages relationships with senior project managers, OPIC and project appointed consultants, sponsors, guarantors, other creditors, and other parties. Assists the MD/FMD to effectively and competently manage relationships with framework/guaranteed lenders and financial institutions borrowers. •Conducts periodic site visits to examine the interim developing of projects and assess conformity with written documentation received during the period. Site visits encompass inquiries into all aspects of the operations in order to consider, review, and analyze the various potential impacts on the creditworthiness of projects and the companies. •Conducts evaluations of OPIC's collateral in projects by ascertaining the nature of the collateral, its location, availability, current value, and sufficiency to cover OPIC's financial risk. •Creates and updates complex financial models for all projects, negotiating and documenting terms and conditions of existing finance agreements and other project documents. •Coordinates with production departments to provide expansion financing to existing clients, including providing expert level support in complex project analysis and structuring, negotiating and executing. •Recommends new financing as necessary for "criticized" assets to maximize OPIC's opportunity for full collection of amounts owed. •Incumbent may also support the MD/FMD to perform duties that encompass management for an issue/area (region or sector). Incumbent will assist with development and revision of policies and procedures related to project oversight, monitoring and the status of financial intermediaries with which OPIC works. •Incumbent may provide back-up to the Division's senior Capital Mobilization officer as well as support in implementing and administering OPIC's new Capital Mobilization initiative. •The incumbent may be directed to track all financial institution (FI) transactions going through OPIC's internal approval process at each stage in their review/approval, and alert the senior Capital Mobilization officer accordingly. The incumbent may also need to review all relevant FI documentation (i.e., internal approval documentation, commitment and loan documentation, etc.) and apply any capital mobilization algorithms to each FI transaction being originated. As instructed, the incumbent may need to interface with OPIC's Accounting Department to ensure proper billing/fee allocation, as well as assist in preparing any reports to private sector counterparties participating in OPICs Capital Mobilization initiative. •Incumbent represents OPIC externally at conferences as required and participates in inter-departmental activities such as task forces. •Performs other related duties and special projects as assigned. Guidelines Guidelines include basic legislation. And broad agency policies. Frequently, there are no precedents to guide behavior in unusual and sensitive situations. The employee uses considerable judgment to interpret and adapt existing precedents and to develop new ways to analyze, develop and present information on controversial subjects or structure novel approaches to project financing monitoring. The methods and procedures developed often serve as precedents for others. Complexity The employee has a broad overall credit management responsibility for a portfolio comprised of the most complex, sensitive, or precedent setting international project finance transactions. These projects may be in any type of business, including light and heavy manufacturing industries, infrastructure, wholesale and retail trade, extractive industries, transportation, trading and brokerage operation, financial institutions, hotels, energy, natural resource, development banks, or agricultural production, processing, marketing or distribution. Therefore, considerable emerging markets project/trade finance originations/project management experience in a DFI or bilateral institution (i.e., at least five years), in a range of sectors, is highly desirable. Assignments supervised or personally handled are characterized by breadth and intensity of effort and involve several phases being pursued concurrently or sequentially with the support of others within or outside the organization. Decisions/recommendations made in connection with managing the portfolio or based on analysis of the technical, economic, legal, marketing, political, and financial feasibility of projects. The work requires originating new techniques, establishing criteria, or developing new information. Scope and Effect The purpose of this position is to provide high level support to the MD/FMD in supervising the performance of monitoring/restructuring/workout and recovery activities for the complex portfolio of framework international project; finance credits as well as credits to financial institutions involving US businesses who are investing in developing countries and to perform similar activities for special assets transferred from the Investment Funds and Insurance Developments. Prior experience in equity investments and political risk insurance is highly desirable. The work has substantial impact on OPIC, on client companies and on the host country. The projects often establish precedents for future finance work and repayment and recovery activities significantly impact OPIC's profitability. Personal Contacts Contacts are with representatives of business, high-level officials of developing countries, officials of other government agencies, embassy officials, and with all levels of OPIC employees. Purpose of Contacts The purpose of contacts is to counsel companies on project monitoring and OPIC policies/practices, conduct preliminary and final negotiations and negotiate all technical points with companies, and represents FMD in discussions before OPIC's internal committees. Physical Demands The work is sedentary, although travel to developing countries is necessary to examine the interim development of projects and assess conformity to contractual obligations. Working Environment The day to day work is performed in an office. Travel to emerging markets may involve high risks and possible exposure to dangerous situations, and may include primitive accommodations and means of travel. Telework OPIC has determined that the duties of this position are suitable for telework and the selectee may be allowed to telework with supervisor approval. C.3SUPERVISION RECEIVED The incumbent reports to the Managing Director of the Framework Management Division. The incumbent plans, designs and carries out activities within FPM with significant day-to-day independence, consulting with supervisor on matters relating to negotiating parameters, interpretation of policy matters, and for guidance dealing with controversial policy issues. Completed work is reviewed for adherence to policy and to assure that program objectives are met. 5.REQUIRED QUALIFICATIONS: oExpert knowledge of international project or trade finance, corporate finance, accounting, credit analysis, corporate management and operations, macroeconomics, international investments, and banking. oExpert knowledge of commercial lending practices, procedures and principles. oExpert skill in analyzing complex international projects or trade transactions. oExpert skill in analyzing, structuring, negotiating and closing complex international project or trade finance debt transactions. oExpert knowledge of all aspects of OPIC's finance program and comprehensive knowledge of other oOPIC programs, including specific knowledge of OPIC's Capital Mobilization initiative. oSkill in utilizing personal computer technology to develop sophisticated models for carrying out financial analyses, including financial projections and sensitivity analyses. oAdvanced knowledge of negotiating legal documentation. oDESIRED QUALIFICATIONS oA Master's Degree. We will review your resume and supporting materials to ensure they meet the basic qualification requirements for the above positions. We will evaluate each applicant who meets the basic qualifications based on the information provided and evaluate your relevant personal, educational, and/or work experiences as it relates to the specialized experience. NOTE: All experience must be well-documented on the resume and within the application. All aspects of the application must specifically show how the candidate meets the qualifications required. Credit may be given for appropriate unpaid and/or part-time work. To receive credit, applications must clearly identify the duties and responsibilities in each position held and the total number of hours worked per week. 6.REQUIRED DOCUMENTATION Qualified individuals must submit: •A written narrative of up to five pages clearly describing relevant experience and knowledge of each of the qualification requirements. •Applicant's current resume to be included as an attachment. •College Transcripts (may be "unofficial" for application purposes). Applicants should remove all Personally Identifiable Informational (PII) such a date of birth, Social Security Number, etc. from their college transcripts. •No less than three and no more than five professional references including phone and email contact information. All applications should be submitted electronically to: Keron White Contracting Officer Overseas Private Investment Corporation Keron.White@opic.gov To ensure consideration of applications for the intended position, please reference the solicitation number on your application. The highest ranking applications may be selected for an interview, in person or by telephone. Applicants may submit an application against this solicitation at any time but prior to Friday, September 20, 2019 at NOON EST unless revised. See Section 7 for detailed instructions. 7.INSTRUCTIONS TO PSC CANDIDATES In accordance with FAR 52.214-34 & 52.214-35, all applications are to be in the English language and US Dollars. Applications in other languages or monetary denominations shall not be considered. The QUALIFICATIONS REQUIRED (Section 5) are the basis for evaluating all applications. Candidates must separately address each listed qualification requirement and demonstrate how s/he meets each. Unless stated otherwise, all qualification elements will be weighted equally. A.Qualified individuals must be registered in the System for Award Management (SAM) before submission. Candidates without a SAM registration may be rejected. B.Applications shall be formatted to fit on 8 ½ x 11 paper only. Suggested margins are 1" x 1". Font to be TIMES NEW ROMAN no larger than 12 int. Hourly rates shall not be mentioned anywhere in your application. C.Describe your experience and knowledge in regards to the qualification requirements in no more than five pages. Clearly demonstrate how your prior experience is either relevant or directly related to the duties of this position as listed under MAJOR DUTIES AND RESPONSIBILITIES (Section 4). The responses should describe specifically and accurately what experience, training, education and/or awards you have received that are relevant to each factor. Cite specific examples where appropriate. D.Qualified individuals must submit no fewer than three and no more than five professional references, who are not relatives or family members. Submitted references MUST include current information, as follows: •Name of reference •Candidate's relationship to reference •Title of reference at current job •Reference current telephone number (work or personal) •Reference e-mail address (work) 8.RESPONSE DEADLINE Electronic submission is required. Mailed copies of any application shall not be accepted. Electronic applications shall be submitted by e-mail per Section 6 before the deadline stated on page 1 of this Combined Synopsis Solicitation. Application shall reference the position title AND the announcement number on the subject line of the e-mail. OPIC does not accept responsibility for delays in transmission or receipt of any application. Candidates are responsible for submitting their application so as to reach the designated Government office by the closing date and time specified on page one (1) of this Combined Synopsis Solicitation. Applications received after the closing date and time will not be considered, unless there is acceptable evidence to establish that it was indeed received by the Government installation prior to the time and date specified in this announcement. Receipt of applications in response to this announcement does not constitute an award commitment. The U.S. Government will not reimburse any costs incurred in the preparation of an application. Any application is at the sole risk of the Candidate. 9.SELECTION PROCESS In order to be considered for the requirement, a candidate must meet the qualifications listed above. Consideration and selection will be based on a panel evaluation in accordance with the Required Qualifications. All applications will be evaluated based on the documentation submitted, the Candidate's evidence of the above qualification requirements, performance in a potential discussion/negotiation session, if conducted, and information provided by references, if contacted. Please note that for evaluation purposes, OPIC will take into consideration your proposed labor rate and any requested pay supplement in lieu of fringe benefits. All applications will receive one of three scores for each of the required and desired qualifications: Does Not Meet, Meets, or Exceeds. OPIC reserves the right to conduct interviews with only the most qualified candidates and/or conduct a reference check on those individuals. Candidates are strongly encouraged to ensure the work history portion thoroughly documents the duties, responsibilities and accomplishments that are directly related to this requirement in order to verify specialized experience. Errors or omissions may affect your evaluation. OPIC is not obligated to make any award or pay for any costs associated with the preparation and submission of an application in response to this announcement. Award of this contract is contingent on availability of funds. OPIC reserves the right to not award any contract as a result of this announcement. 10.COMPENSATION PSCs for the services of individual experts or consultants are limited by the Classification Act. In addition, the Office of Personnel Management (OPM) has established requirements which apply in acquiring the personal services of experts or consultants in this manner (e.g., benefits, taxes, conflicts of interest). This is a full-time position for various positions as stated on page 3. The contract will have a maximum period of performance of 5 years if extended. Extension periods are to be determined at the sole discretion of OPIC. Overtime is NOT authorized on this contract. The pay range for this position is GS-14, Equivalent $62.42 - $82.95 per hour. Final compensation will be negotiated within this pay range based upon the successful candidate's salary history, work experience and educational background. A salary above this pay range will NOT be entertained or negotiated. OPIC issues W-2s to PSCs and makes the employer contribution to FICA and Medicare for the PSC. OPIC withholds FICA, Medicare, federal tax and state tax on behalf of the PSC. The PSC is not eligible for the Foreign Earned Income Exclusion. 11.BENEFITS Under the OPIC personal services contracting authority, PSCs are not employees for purposes of laws administered by OPM, such as Federal Retirement Benefits and health and life insurance. As such, the PSC is not eligible for participation in the Civil Service Retirement System or the Federal Employees Retirement System. Moreover, the PSC is ineligible to receive Federal Health and Life Insurance or participate in the Federal Thrift Savings Plan. Notwithstanding the above and if agreed upon between the Government and the PSC before the award of a contract, the PSC may receive a pay supplement in addition to the employee's direct labor cost in lieu of fringe benefits. 12.TRAVEL PSCs are subject to the Federal Travel Regulations and OPIC travel policies and procedures to the same extent as OPIC direct-hire employees. 13.CONTRACT AWARD This contract shall be awarded solely to an individual, not to a firm. The individual must have an active DUNS # and a fully approved and active record in the System for Award Management (SAM). The approval of your record in SAM may take a few weeks. Therefore, you must be registered in SAM before submission. 14.ADDENDA Addendum 1: PSC Draft Contract Body Note: The PSC draft contract body includes required federal contract clauses and OPIC Terms and Conditions. Please review carefully before submitting an application for this position.
- Web Link
-
FBO.gov Permalink
(https://www.fbo.gov/spg/OPIC/CAS/CAS/71311119Q0011/listing.html)
- Place of Performance
- Address: 1100 New York Avenue, NW, Washington, 20527, United States
- Zip Code: 20527
- Zip Code: 20527
- Record
- SN05446173-W 20190918/190916232400-39f6cd9cc9fdf6daa0d9dc2487663100 (fbodaily.com)
- Source
-
FedBizOpps Link to This Notice
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