Loren Data Corp.

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COMMERCE BUSINESS DAILY ISSUE OF APRIL 20,1998 PSA#2077

U.S. Small Business Administration, Office of Procurement and Grants Management, 409 3rd Street, SUITE 5000,5th Floor, Washington, D.C. 20416

R -- OUTSIDE LEGAL SERVICES FOR LOAN ASSET SALES SOL 8.7024.0014 POC William C. Dorwart, (202) 205-7088 E-MAIL: william.dorwart@sba.gov, william.dorwart@sba.gov. The U.S. Small Business Administration (SBA) intends to solicit proposals (on a small business set aside basis) for outside legal services associated with the sale of assets selected for the Asset Sales Program. Over the life of the program, SBA may sell up to $10 billion in loans and owned assets such as small commercial bulding, single family residences, and vacant land parcels; furniture, fixtures, equipment, etc. It is expected that multiple awards will be made. SBA expects to engage one or more eligible Small Business outside legal services contractors for each transaction, after a competitive round of cost proposal and technical plan evaluations amoung the successful awardees of the contract itself. The services will include assisting asset sales teams in the development of legal documents, review of materials presented to the potential investors, and addressing legal issues that may arise with particular assets or with the overall program itself, when directed to do so by the Office of GeneralCounsel. Additionally, the contractor will lead the efforts to close the transaction with the successful purchaser(s). The SIC code for the outside legal services is 8111. Offerors must have a high degree of substantive legal expertise and experience in providing legal services to a seller of asset portfolios (federal government experience in providing legal services to a seller of asset portfolios (federal government experience is a plus). It is expected that issues may arise in the area's of Securities, real estate, UCC, tax, environmental, and commercial law. The law firm submitting a proposal must demonstrate the capability of handling a large volume of legal work expeditiously that may be national in scope. The estimated issuance day of the RFP (8.7024.0014) will be approximately fifteen calender days from the issuance date of this synopsis, with the proposals due appoximately 45 days from the date of request for proposals. Requests for copies of the subject solicitation shall be directed to : U.S. Small Business Administration, 409 Third St., S.W., Office of Procurement and Grants Management, Fifth floor, Washington, D.C. 20416, to the attention of William C. Dorwart; or by e-mail to "William.Dorwart@sba.gov". All Requests must be in writing. Telephone requests will not be honored. The solicitation may also be available on the SBA website, at "www.sba.gov" Interested parties are encouraged to make email requests to become a potential offeror and to download the solicitaion from the website. The SBA does not guarantee that the wesite will be functional and is not to be held responsible to do so. SBA will strive to keep the website current. Potential offerors who have identified themselves, in writing, to Mr. Dorwart, will be assured of receiving any further notices. (0106)

Loren Data Corp. http://www.ld.com (SYN# 0078 19980420\R-0006.SOL)


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