City of Phoenix #222535

City of Phoenix Solicits Title and Escrow Services for Citywide Real Estate Projects

The City of Phoenix is initiating a five-year procurement for Title and Escrow Services to support real estate transactions across multiple city departments. - Government Buyer: - City of Phoenix, serving departments such as Water Services, Street Transportation, Fire, Neighborhood Services, Parks and Recreation, Public Transit, and Aviation - Products/Services Requested: - Title and Escrow Services for citywide real estate projects - Estimated annual volumes: 1,100 title reports, 500 escrow transactions, 350 title insurance policies - Litigation guarantee required as part of service - Dispute resolution process must be detailed by vendor - Full report fee must be credited toward escrow/insurance costs if the report leads to a closed transaction - Vendor Requirements: - Must be licensed as a title and escrow service agency - Must have a licensed agent-in-charge, certified by the Arizona Department of Insurance and Financial Institutions (DIFI) Insurance Division - No specific OEMs or product part numbers are mentioned, as this is a service-based solicitation

Description

The City of Phoenix is soliciting sealed offers for Title and Escrow Services under a five-year contract starting on or about December 1, 2026. The services will support citywide real estate projects, including processing approximately 1100 title reports, 500 escrow transactions, and 350 title insurance policies annually. The contractor will be responsible for ensuring smooth and secure real estate transactions while protecting the interests of buyers and sellers from legal or ownership disputes. The solicitation includes requirements for licensing and certifications and mandates a litigation guarantee.

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