California eProcure #02A2541

On-Call Title and Escrow Services for Siskiyou County Highway Projects

Caltrans is seeking qualified title and escrow companies for an on-call, as-needed contract supporting property acquisitions for State highway projects in Siskiyou County. - Government Buyer: - California Department of Transportation (Caltrans) - Division of Procurement and Contracts - Contract Analyst: Jean Mallare - OEMs and Vendors: - No specific OEMs or vendors named; bidders must be licensed title and escrow companies regulated by the California Department of Insurance - Products/Services Requested: - Preliminary title reports (up to 100 units) - Title record searches (20 hours) - Statement of record ownership (5 units) - Updates/continuation guarantees (25 units) - Copies of additional documents (5 units) - Document signing, preparation, and electronic recording fees (1 unit each) - Disbursement service fee (1 unit) - Electronic receipt and printing of loan/HOA documents (1 unit) - Residential and commercial title insurance rates (for transactions up to $5M) - Residential and commercial litigation guarantee rates (5 units each) - Residential and commercial escrow rates (1 unit each) - 3rd party reconveyance and subordination fees (actual cost, reimbursed) - Unique/Notable Requirements: - Bidders must hold a valid California Department of Insurance Title and Escrow license - Services must cover a range of property types (commercial, residential, government, rural-residential) identified by APNs - Expedited title reports and in-person searches at the county recorder's office may be required - Small Business and Disabled Veteran Business Enterprise participation is encouraged (25% goal, DVBE incentive) - No mark-up allowed on reimbursed 3rd party fees; must provide receipts/invoices - Contract term is approximately five years with possible extension to complete open escrows

Description

This solicitation is for a multi-provider on-call and as-needed agreement to provide title and escrow services for property acquisitions in Siskiyou County to accommodate future State Highways. Services include furnishing preliminary and updated title reports, policies of title insurance, litigation guarantees, and escrow services as needed. The contract requires timely delivery of reports and insurance policies, with some services potentially expedited. The bidder must be licensed by the California Department of Insurance and capable of handling multiple parcel reports and escrow services.

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