California eProcure #10A2930

Caltrans On-Call Title and Escrow Services for Stanislaus County

Caltrans is seeking qualified providers for on-call and as-needed Title and Escrow Services to support property acquisitions for state highway projects in Stanislaus County. - Government Buyer: California Department of Transportation (Caltrans), Division of Procurement and Contracts, Bid Unit - No specific OEMs or commercial vendors are named, as this is a service-based procurement for licensed title and escrow companies - Products/Services Requested: - Preliminary title reports (100 estimated) - Title record search services (50 estimated) - Statement of record ownership charges (50 estimated) - Updates/continuation guarantees for title reports and litigation guarantees (25 estimated) - Copies of additional documents, including filed maps (25 estimated) - Document signing, preparation, and electronic recording fees (10 each estimated) - Disbursement service fees (5 estimated) - Electronic receipt and printing of loan/HOA documents (5 estimated) - Residential and commercial title insurance rates for transactions up to $100,000 (10 and 5 estimated, respectively) - Residential and commercial litigation guarantee rates (5 each estimated) - Residential and commercial escrow rates (10 and 5 estimated, respectively) - Notable Requirements: - Contractor must be a title and escrow company licensed by the California Department of Insurance - Ability to provide timely preliminary reports and handle various deed types (grant, easement, quitclaim) - Services may require in-person searches at the county recorder's office and expedited processing - Up to two contractors may be awarded - 25% Small Business participation goal and encouragement of Disabled Veteran Business Enterprise (DVBE) participation - Period of Performance: - Estimated 5-year term, with new orders placed in the first 3 years and possible 1-year extension for open escrows

Description

This solicitation is for an on-call and as-needed service request-based agreement to provide Title and Escrow services to the California Department of Transportation (Caltrans) for properties located in Stanislaus County. The contractor must be a title and escrow company 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. Two contractors may be awarded agreements as a result of this solicitation.

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