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FBO DAILY ISSUE OF MAY 21, 2011 FBO #3465
SOURCES SOUGHT

R -- Board Placement (Executive Search)

Notice Date
5/19/2011
 
Notice Type
Sources Sought
 
NAICS
561312 — Executive Search Services
 
Contracting Office
Department of the Treasury, Departmental Offices/Procurement Services Division (DO/PSD), Procurement Services Division (PSD), 1425 New York Avenue, Suite 2100, Washington, District of Columbia, 20220
 
ZIP Code
20220
 
Solicitation Number
TOFS-11-S-0009
 
Archive Date
6/11/2011
 
Point of Contact
Dorsey Delavigne, Phone: 202-622-4051, David I. Gill, Phone: 202-927-5159
 
E-Mail Address
Dorsey.Delavigne@treasury.gov, David.Gill@treasury.gov
(Dorsey.Delavigne@treasury.gov, David.Gill@treasury.gov)
 
Small Business Set-Aside
N/A
 
Description
This is a Sources Sought as well as a mechanism for obtaining feedback from the industry in regard to the general requirements as stated in this Notice. THIS IS NOT A SYNOPSIS FOR A REQUEST FOR PROPOSAL. It is a market research tool being used to determine potential sources prior to the issuance of a Request for Proposal. The Government is not obligated to and will not pay for any information received from potential sources as a result of this Sources Sought Notice. Interested sources should provide a capabilities package not longer than 10 pages demonstrating ability to perform the services listed below. Potential sources may submit resumes or personnel information plus information specific to their company including name, point of contact, size of business, and company profile. In addition, the potential source should include any pertinent information on contracts that have been performed by the company, similar in size and complexity to the effort contemplated below. The U.S. Department of Treasury created the Capital Purchase Program (CPP) in October 2008 to stabilize the financial system by providing capital to viable financial institutions of all sizes throughout the nation. With a strengthened capital base, financial institutions have an increased capacity to lend to U.S. businesses and consumers and to support the U.S. economy. Treasury has acquired preferred stock and subordinated debt in CPP institutions and the corresponding legal right to appoint two members to the Boards of Directors for certain institutions. Contractor support is required to develop placement criteria for board positions, develop candidate lists/search books, formally present candidates to Treasury, and conduct background investigations. Treasury has legal the right to appoint two members of these institutions Board of Directors when an institution has missed six consecutive dividend or interest payments. Accordingly, the Treasury requires the services of an executive placement firm to assist in recruiting qualified individuals to serve on Boards of Directors. It is anticipated that the contractor shall, as directed, assist Treasury with the sourcing and selection for members of Boards of Directors for certain institutions in the Capital Purchase Program (CPP) by providing the following services: 1. Assist Treasury with the development of placement criteria. The criteria shall include education, experience, preliminary information required for a conflicts of interest check and other relevant suitability criteria. 2. Provide Treasury with a candidate list/search book of potential candidates that meet or exceed the criteria established through number 1 above. 3. Formally present candidates selected for additional consideration by Treasury. 4. Conduct background searches on all candidates, based on criteria that will be provided by the Treasury after the award. Background criteria will include searches related to criminal history, credit checks, civil judgments, publication review, education and employment history as well other checks deemed necessary by the Treasury. The procurement will require the ability to identify, recruit and place a high volume of board of director candidates for financial institutions spanning the entire country. Specifically, here are the limitations: 1. Geography - It is highly likely that the search firm will be working on multiple assignments concurrently for positions that are throughout the country. Therefore, it is mandatory that an acceptable provider has deep, nationwide reach. 2. Volume - Treasury may have as many as 80 placements going on at any given time. Treasury needs a firm that could take on up to 80 placements simultaneously, working on very condensed timelines, while juggling other clients they have. 3. Range of Specializations - Treasury has a wide variety of institutions in its CPP portfolio that are different sizes, have different corporate structures and service different communities. This requires the contractor to have a deep bench of expertise and be able to provide expert advice on a wide range of situations. It is the Government's intention to conduct this procurement in accordance with the Federal Acquisition Regulation (FAR) Parts 12 and 15. The resultant contract will be awarded on a best value basis. At this time, a solicitation is not available. All responses must include the following information: Company name; Company address; Company business size; point-of-contact name and telephone number, fax number; and e-mail address. Interested sources that do not provide the requested information will not be considered.
 
Web Link
FBO.gov Permalink
(https://www.fbo.gov/spg/TREAS/DOPSD/PSD/TOFS-11-S-0009/listing.html)
 
Place of Performance
Address: Contractor Facility and, Department of Treasury, Office of Financial Stability, 1801 L Street, District of Columbia, 20036, United States
Zip Code: 20036
 
Record
SN02452677-W 20110521/110519235016-caf43d0ff27849008b94381b11e982a2 (fbodaily.com)
 
Source
FedBizOpps Link to This Notice
(may not be valid after Archive Date)

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