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U.S. International Development Finance Corporation Awarded a Contract to HUNTON ANDREWS KURTH LLP for $524,993.64

Signed on

8/11/2025, 12:00 AM

HUNTON ANDREWS KURTH LLP Government Contract #77344425F0102

HUNTON ANDREWS KURTH LLP was awarded a contract with the United States Government for $524,993.64. The contract was awarded by the agency office OFFICE OF ACQUISITION, which is a division with the U.S. International Development Finance Corporation within the U.S. International Development Finance Corporation.

Summary of Award

The recipient of the federal contract is Hunton Andrews Kurth LLP, a law firm based in Richmond, Virginia, specializing in legal services. The contract, funded by the U.S. International Development Finance Corporation, is for providing political risk insurance covering arbitral award default and denial of recourse related to a bond in Egypt. The contract is worth $524,993.64. The notable transaction involved a single payment of $524,993.64 to the recipient on the award date.

Contract Details

Contract ID77344425F0102
Contract TypeC
Total Obligation$524,993.64
Exercised Options$524,993.64
Base Amount + Options$524,993.64
Date Signed2025-08-11
Contract DescriptionDFC EXPECTS TO PROVIDE POLITICAL RISK INSURANCE COVERING ARBITRAL AWARD DEFAULT AND DENIAL OF RECOURSE RELATING TO A BOND (THE "INSURED DEBT") TO BE ISSUED BY THE ARAB REPUBLIC OF EGYPT ("EGYPT") AND PURCHASED BY AN INSURED PARTY
Start Date2025-08-11
End Date2027-08-12

Agency Details

Awarding AgencyU.S. International Development Finance Corporation
Awarding Sub AgencyU.S. International Development Finance Corporation
Awarding OfficeOFFICE OF ACQUISITION
Funding AgencyU.S. International Development Finance Corporation
Funding Sub AgencyU.S. International Development Finance Corporation
Funding OfficeOFFICE OF ACQUISITION

Recipient Details

RecipientHUNTON ANDREWS KURTH LLP
Recipient Location951 E BYRD ST RIVERFRONT RICHMOND VIRGINIA, UNITED STATES
Business CategoriesCategory Business, Not Designated a Small Business, Partnership or Limited Liability Partnership, Special Designations, U.S.-Owned Business

Comments

Award Transactions

Transaction #0$524,993.64August 11, 2025

U.S. International Development Finance Corporation, a sub agency of U.S. International Development Finance Corporation, issued a payment of $524,993.64 to HUNTON ANDREWS KURTH LLP. The payment included a Subsidy Cost of $0.00.