California eProcure #05A3012

Caltrans On-Call Title and Escrow Services for Property Acquisitions in Three Counties

The California Department of Transportation (Caltrans) is seeking licensed providers for on-call, as-needed Title and Escrow services to support property acquisitions for state highway projects in Santa Cruz, San Benito, and Monterey Counties. - Government Buyer: - California Department of Transportation (Caltrans), Division of Procurement and Contracts, D5/Right of Way - Scope of Services: - On-call, as-needed Title and Escrow services for property acquisitions - Services include: - Preliminary title reports (estimated 300 per contract period) - Title record searches (150) - Statement of record ownership (150) - Updates/continuation guarantees of title reports and litigation guarantees (50) - Copies of additional documents (50) - Document signing, preparation, and electronic recording fees (25 each) - Disbursement service fees (25) - Electronic receipt and printing of loan/HOA documents (25) - Residential and commercial title insurance and litigation guarantee rates - Residential and commercial escrow rates - Notable Requirements: - Bidders must be licensed title and escrow companies regulated by the California Department of Insurance - Ability to provide expedited services for some title reports or litigation guarantees - Commitment to small business participation goals as outlined by Caltrans - Two contractors may be awarded the agreement - No specific OEMs or product manufacturers are named, as this is a service-based procurement

Description

This solicitation is an Invitation for Bid (IFB) for an on-call and as-needed service request-based multi-provider agreement to provide Title and Escrow services to the California Department of Transportation (Caltrans). The services are for properties located in Santa Cruz, San Benito, and Monterey Counties. The agreement will accommodate future State highway facilities and requires contractors to be licensed title and escrow companies regulated by the California Department of Insurance. Two contractors may be awarded under this solicitation.

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