Contingency Fee for Legal Services

The vendor is required to provide contingency fee for legal services will include initial case assessment and strategy, recovery and enforcement, and potential litigation management.
1. Case assessment and strategy
•    Conduct an initial assessment of the master agreement (MA) and all related loan and incentive documents.
•    Identify total amounts recoverable, including loan principal, accrued interest, paid incentives, and contractual damages.
•    Identify lienable or encumbered property purchased with state funds.
•    Develop and present a comprehensive recovery plan.
2. Collection and recovery efforts
•    Prepare and issue demand letters.
•    Engage in negotiations and pursue settlements or judgments.
•    Enforce liens and other security interests.
•    Coordinate all recovery actions with agency.
3. Litigation management
•    Pursue and handle all aspects of recovery, including but not limited to litigation, pleadings, motions, defending of counterclaims, discovery, depositions, trial, appeals, and remand proceedings.
•    Advance all litigation costs (e.g., expert witnesses, filing fees, travel, etc.).
4. Reporting and deliverables
•    Submit an initial assessment and recovery plan within 30 days of award.
•    Provide monthly status reports by the 10th of each month detailing updates.
•    Submit a final recovery report within 30 days of contract completion.

- Contract Period/Term: 1 year
- Questions/Inquires Deadline: October 17, 2025