R -- Sole Source Legal Services

The Office of Federal Housing Enterprise Oversight (OFHEO) intends to negotiate with Duane Morris, on a sole source basis, for the continuation of legal services arising out the Special Examination of Fannie Mae. The work will be incorporated into the existing contract with Duane Morris because it involves the same issues and evidence, including accounting practices, internal controls and executive compensation, as the firm developed in connection with the examination. The continuation of these legal services requires the expertise they alone have due to their performance on the current contract; the incumbent contractor is the only contractor sufficiently versed in the issues and facts to perform the services within the time required given the statutory deadlines presented in the matter.