Loren Data's SAM Daily™

SAMDAILY.US - ISSUE OF MARCH 25, 2021 SAM #7056
SPECIAL NOTICE

R -- Legal Support Services - Sanctions Review - Apollo Tower Project

Notice Date

3/23/2021 7:40:36 AM
 

Notice Type

Justification
 

NAICS

541110 — Offices of Lawyers
 

Contracting Office

OFFICE OF ACQUISITION Washington DC 20527 USA
 

ZIP Code

20527
 

Solicitation Number

77344421C0017
 

Archive Date

04/22/2021
 

Point of Contact

Elena Raspitha
 

E-Mail Address

elena.raspitha@dfc.gov
(elena.raspitha@dfc.gov)
 

Award Number

77344421C0017
 

Award Date

03/23/2021
 

Description

DFC has a loan outstanding to Apollo Towers Myanmar (""Apollo""), the proceeds of which were used to construct and operate passive telecommunications tower infrastructure in Myanmar. On February 1, 2021, there was a military coup in Myanmar, which resulted in the United States imposing a new sanctions regime on February 11, 2021. DFC needs to assess the implications of the new sanctions regime (and any future changes or updates to the sanctions regime) on Apollo, its business, and the DFC loan. DFC requires the services of Freshfields Bruckhaus Deringer US LLP (""Freshfields"") to assist with reviewing the new Myanmar sanctions regime and advising DFC on its implications for the Project. DFC has selected Freshfields, because Freshfields has acted as DFC's counsel on the Project since origination, and it is very familiar with the counterparties involved, the transaction documents, and the structure of the Project. Freshfields also has the necessary technical sanctions expertise to assist with this work.�
 

Web Link

SAM.gov Permalink
(https://beta.sam.gov/opp/19a40bc073bf4dd9b275d81a386a42f3/view)
 

Place of Performance

Address: Washington, DC 20527, USA

Zip Code: 20527

Country: USA
 

Record

SN05950538-F 20210325/210323230115 (samdaily.us)
 

Source

SAM.gov Link to This Notice
(may not be valid after Archive Date)

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