California eProcure #10A2951

On-call title and escrow services for Caltrans projects in Tuolumne County

Caltrans District 10 is seeking licensed providers for on-call title and escrow work supporting transportation projects in Tuolumne County. - Government buyer: California Department of Transportation (Caltrans), within the California State Transportation Agency; District 10 Right of Way and Division of Procurement and Contracts. - Requested services: On-call, as-needed title and escrow services, with up to two providers selected. Work includes preliminary title reports, title-record searches, ownership statements, escrow transactions, title insurance policies, litigation guarantees, report updates, document copies and preparation, signing, recording, and disbursement services. - Estimated line-item quantities: 50 preliminary title reports; 25 title searches; 25 ownership statements; 13 report/guarantee updates; 13 additional-document or map copies; 5 signing fees; 5 preparation fees; 3 electronic recordings; 3 disbursement fees; and 3 sets of electronic loan and homeowner-association documents. Rate schedules also include residential and commercial escrow, title insurance, and litigation guarantees across 18 transaction-value bands for each service type; listed quantities are 5 for each of the first five bands and 1 for each of the remaining 13 bands. - OEMs and vendors: No title or escrow provider is named. Caltrans and the California Department of Insurance are named government entities; the California Land Title Association (CLTA) Owners Standard Coverage Policy is the specified policy type, not a named provider. Potential competitors include First American Title Insurance Company, Fidelity National Title Group, Old Republic Title, and Stewart Title Guaranty Company. - Notable requirements: Providers must maintain a current California Department of Insurance Title and Escrow license. Subcontracting is prohibited. Small-business participation is encouraged, with a stated 25% goal; DVBE participation is encouraged but not required, and a DVBE incentive applies. Title policies and litigation guarantees are required as needed; some deliverables may require expedited service. - Performance and workload: The agreement is estimated at five years, with new orders available during the first three years. An extension of up to one year may be used only to complete open escrow orders. Individual escrow transactions typically take 30–90 days, depending on reconveyance requirements.

Description

Caltrans is seeking bids for an on-call, as-needed, service-request-based multi-provider agreement for title and escrow services in Tuolumne County. Services include preliminary title reports for parcels associated with transportation projects, title searches, recording deeds, and escrow services as needed. Bidders must hold a valid Title and Escrow license issued by the California Department of Insurance, and up to two contractors may be awarded. The solicitation states that small-business participation is encouraged and a DVBE incentive applies, although DVBE participation is not required.

View original listing