California eProcure #02A2535

On-Call Title and Escrow Services for Caltrans in Lassen County, CA

Caltrans is seeking qualified title and escrow companies for an on-call, as-needed multi-provider agreement to support transportation projects in Lassen County, California. - Government Buyer: - California Department of Transportation (Caltrans) - Division of Procurement and Contracts, 03 North Region Right of Way - Services Requested: - On-call title and escrow services for property transactions - Preliminary title reports (estimated 20 parcels) - Title record searches (10 hours) - Statement of record ownership (5 parcels) - Updates/continuation guarantees for title reports and litigation guarantees (10 parcels) - Copies of additional documents (5 documents) - Document signing, preparation, electronic recording, disbursement, and printing fees - Title insurance policies for residential and commercial transactions across multiple price ranges - Litigation guarantees for residential and commercial transactions across multiple price ranges - Escrow services for residential and commercial transactions across multiple price ranges - Unique Requirements: - Bidders must be licensed title and escrow companies regulated by the California Department of Insurance - No subcontracting permitted - Expedited turnaround may be required for some services (e.g., title insurance, litigation guarantees) - Two contractors may be awarded - Encourages small business and DVBE participation (DVBE incentive available) - OEMs and Vendors: - No specific OEMs or vendors named; open to all qualified, licensed title and escrow companies - Estimated Quantities: - Detailed line items for title reports, insurance, litigation guarantees, and escrow services by transaction value - Period of Performance: - Estimated 5-year contract, with new orders placed for the first 3 years; possible 1-year extension for open escrows

Description

This solicitation is 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) for properties located in Lassen County. The services include quick and timely preliminary reports on multiple parcels associated with transportation projects, escrow services for a portion of these parcels, and handling various types of deeds. Contractors must possess a valid Title and Escrow license issued by the California Department of Insurance and maintain all required licenses and certifications throughout the contract duration. Two contractors may be awarded the agreement as a result of this solicitation.

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