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Filing COVID-19 EIDL Uniform Commercial Code (UCC) Continuation Statements

ID: 73351025R0023 • Type: Synopsis Solicitation • Match:  90%
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Description

Posted: March 15, 2025, 4:18 p.m. EDT

The purpose of Amendment 2 is to respond to the Questions and Answers received.

All other terms and conditions remain unchanged

The Small Business Administration (SBA) obtained a security agreement and filed a Uniform Commercial Code (UCC) financing statements on all personal property for all COVID-19 Economic Injury Disaster Loans (COVID EIDLs) that were made in loan amounts greater than $25,000. The UCC financing statement covers all tangible and intangible personal property, with certain exceptions including registered copyrights, certain non-inventory titled goods, and farm products.

The Uniform Commercial Code (as adopted by most states and territories in some form) requires a "continuation statement" to be filed within 6 months before the 5-year anniversary of the original filing date. A continuation statement is an amendment of a financing statement which:

(A) identifies, by its file number, the initial financing statement to which it relates; and

(B) indicates that it is a continuation statement for, or that it is filed to continue the effectiveness of, the identified financing statement.

Scope

The Contractor must provide all resources necessary to accomplish the tasks and deliverables described in this work statement. The Contractor must file timely and correct UCC continuation statements to extend the effectiveness of the original UCC financing statements that were filed at loan origination.

Posted: March 10, 2025, 8:34 a.m. EDT
Posted: March 7, 2025, 4:33 p.m. EST
Background
The Small Business Administration (SBA) is issuing a solicitation for services to file COVID-19 Economic Injury Disaster Loans (COVID EIDLs) Uniform Commercial Code (UCC) continuation statements. This initiative aims to extend the effectiveness of original UCC financing statements filed at loan origination for loans exceeding $25,000.

The SBA's mission is to support small businesses and ensure they have access to necessary financial resources, especially in the wake of the COVID-19 pandemic.

Work Details
The Contractor must provide all resources necessary to accomplish the tasks and deliverables described in this work statement. Specific tasks include:

1. **Pre-Filing Check**: Verify UCC financing statements against Secretary of State records using data files provided by SBA.
2. **File UCC Continuation Statements**: Submit and obtain confirmation for correct UCC continuation statements on designated active COVID EIDLs.
3. **Monthly Reject Report**: Provide reports on rejected filings detailing inaccuracies and corrections needed.
4. **Record of Filed UCC Continuation Statements**: Deliver monthly records of filed statements including financing statement numbers and filing details.
5. **File New UCC1 Financing Statements**: File new UCC1 forms as directed by SBA within specified timelines.
6. **Ad Hoc Reports**: Deliver additional reports as requested by SBA.

Period of Performance
The period of performance consists of a base year from April 28, 2025, to April 27, 2026, with two one-year option periods extending through April 27, 2028.

Place of Performance
The primary place of performance will be at the Contractor's facility or an approved alternate work site, with provisions for telework.

Overview

Agency
SBA Office of Performance Management and the Chief Financial Officer [SBA]
Response Deadline
March 17, 2025, 1:00 a.m. EDT Past Due
Posted
March 7, 2025, 4:33 p.m. EST (updated: March 15, 2025, 4:18 p.m. EDT)
Set Aside
None
NAICS
561499 - All Other Business Support Services
PSC
R699 - Support- Administrative: Other
Place of Performance
Washington, DC 20416 United States
Source
Open
Current SBA Size Standard
$21.5 Million
Pricing
Likely Fixed Price
Est. Level of Competition
Low
Est. Value Range
$25,000 (value based on agency estimated range)
On 3/7/25 SBA Office of Performance Management and the Chief Financial Officer issued Synopsis Solicitation 73351025R0023 for Filing COVID-19 EIDL Uniform Commercial Code (UCC) Continuation Statements due 3/17/25. The opportunity was issued full & open with NAICS 561499 and PSC R699.
Primary Contact
Name
Tracie Gutierrez   Profile
Email
tracie.gutierrez@sba.gov
Phone
(303) 844-3878

Documents

Posted documents for Synopsis Solicitation 73351025R0023

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Additional Details

Source Agency Hierarchy
SMALL BUSINESS ADMINISTRATION > SMALL BUSINESS ADMINISTRATION > OFC OF PERF MGMT AND CFO
FPDS Organization Code
7300-733510
Source Organization Code
100178093
Last Updated
April 1, 2025
Last Updated By
tracie.gutierrez@sba.gov
Archive Date
April 1, 2025