California eProcure #03A4178

Caltrans Solicits On-Call Title and Escrow Services for Highway Property Acquisitions in Yuba and Sutter Counties

This opportunity involves the California Department of Transportation (Caltrans) seeking qualified title and escrow companies for on-call, as-needed services to support property acquisitions for future state highway facilities in Yuba and Sutter Counties. - Government Buyer: - California Department of Transportation (Caltrans), under the California State Transportation Agency - Division of Procurement and Contracts - OEMs and Vendors: - No specific OEMs or vendors are named; eligible bidders must be licensed title and escrow companies regulated by the California Department of Insurance - Products/Services Requested: - On-call title and escrow services for property acquisitions - Preliminary title reports (up to 200 units) - Title record searches (20 hours) - Statement of record ownership charges (5 units) - Updates/continuation guarantees for title reports and litigation guarantees (50 units) - Copies of additional documents (5 units) - Document signing and preparation fees (10 and 5 units, respectively) - Electronic recording fees (10 units) - Disbursement service fee (1 unit) - Electronic receipt/printing of loan and HOA documents (1 unit) - Residential and commercial title insurance policies (5 units each, for transactions up to $100,000) - Residential and commercial litigation guarantees (15 units each) - Residential and commercial escrow services (5 units each) - 3rd party reconveyance and subordination fees (actual cost plus 10%) - Unique or Notable Requirements: - Multi-provider, on-call, and as-needed contract (up to two contractors) - Bidders must be regulated by the California Department of Insurance and maintain all required licenses - Timely delivery of preliminary reports, title insurance, and litigation guarantees is required - Some services may require expedited processing - Small business participation is encouraged; Disabled Veteran Business Enterprise (DVBE) incentive available (not mandatory) - Services must cover both Yuba and Sutter Counties - Place of Performance: - Yuba and Sutter Counties, California - Contracting office located at 1727 30th STREET, MS 65, Sacramento, CA 95816-7006

Description

This solicitation is for a multi-provider on-call and as-needed service request-based agreement to provide Title and Escrow Services for property acquisitions needed to accommodate future State highway facilities in Yuba and Sutter Counties. Two contractors may be awarded the agreement. Bidders must be title and escrow companies regulated by the California Department of Insurance and capable of providing timely preliminary reports on multiple parcels associated with transportation projects. Services include title searches, escrow services, and handling various types of deeds, with some services potentially requiring expedited processing.

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