Special Situation Investment Management Services

Task 1 - Management and Liquidation of SSAs: The Contractor shall: Barring a supportable conflict of interest on the part of the SSIM, accept all SSA assignments provided by CID and begin developing a liquidation strategy upon receipt. Upon receipt of each assignment, review CID-provided information and gather additional details from affiliated and non-affiliated parties, including public sources. Upon review of this information, perform or obtain an asset valuation, as necessary, based on historical, current, and projected information (when available). Engage third parties including, but not limited to, legal representation, specialty consultants, and valuation firms, as necessary, in order to facilitate management and liquidation of SSAs. The Contractor may be requested to act as an agent to PBGC and sign contracts with these third parties, where applicable. All related costs paid by the Contractor may be passed through and billed to PBGC. In situations where costs cannot be paid directly by the Contractor, the Contractor shall submit invoices to PBGC, along with a recommendation for payment, and PBGC shall make or arrange payment. When the Contractor cannot act as an agency to a third-party contract, PBGC will seek to establish the contract directly with the third party. The Contractor shall notify PBGC in advance of engaging any third party. See attached file.