Blanket purchase arrangement (BPA) for preliminary title commitment, and closing services for acquisitions of conservation easements on behalf of the united states of america, acting by and through…
Active Blanket Purchase Agreement Awarded Last action
- Contract number
- 12FPC424A0022
- Awardee
-
Fortune Title Agency Inc. UEI EE7MTMVRCUU1
- Awarding agency
-
Farm Production and Conservation
Department of Agriculture
- Task orders
- 0
Award facts
- Opportunity
-
- Title Searches and Closing Services Solicitation · 12FPC424Q0078 · Posted Jun 18, 2024
- Last date to order 43% complete
- IDV ceiling
- $1,000,000.00
- Award type
- Single award
- Who can order
- Only the awarding agency
- Contracting staff
- Funding agency
- Northeast Region National Resources Conservation Service, Department of Agriculture
- NAICS code
- 541191 Title Abstract and Settlement Offices
- PSC
- R418 Support- Professional: Legal
- Set-aside
- No set-aside
- Pricing
- Firm Fixed Price
- Legislative mandates
-
- Employment Eligibility Verification (E-Verify) FAR subpart 22.18
- Service Contract Inventory FAR subpart 4.17
Award details come from SAM.gov/FPDS.
About this IDV
Fortune Title Agency Inc., an SBA-certified Women-Owned Small Business, was awarded a single-award Blanket Purchase Agreement by the United States Department of Agriculture Natural Resources Conservation Service (NRCS) Northeast Region on September 6, 2024. The contract, valued at $1,000,000.00 with a completion date of September 7, 2029, was established through a Women-Owned Small Business set-aside solicitation. The primary service deliverables include preliminary title commitment and closing services for conservation easement acquisitions conducted on behalf of the United States. The contractor, licensed to conduct title insurance business in New Jersey and approved by the state insurance commissioner, will provide services with a place of performance in Trenton, New Jersey.
The NRCS utilizes conservation easement acquisitions as a mechanism to preserve and protect natural resources through voluntary agreements with landowners. Under this Blanket Purchase Agreement, Fortune Title Agency will support these acquisition transactions by providing title examination, preliminary title commitment issuance, and closing coordination services. The government's statement of work estimates approximately eight title searches and four closings annually. The indefinite-delivery vehicle structure allows the NRCS to issue task orders against the agreement as conservation easement acquisition opportunities arise during the five-year period of performance, providing operational flexibility while maintaining pre-negotiated terms and pricing established through the competitive solicitation process.
Description
Blanket purchase arrangement (BPA) for preliminary title commitment, and closing services for acquisitions of conservation easements on behalf of the united states of america, acting by and through the natural resources conservation service (NRCS), U
Transactions
| Action | Obligated | Date |
|---|---|---|
| Supplemental Agreement for work within scope | $0 | |
| Original award | $0 |
Quick answers
Who was awarded contract 12FPC424A0022?
12FPC424A0022 was awarded to Fortune Title Agency Inc. by Farm Production and Conservation (Department of Agriculture) on September 6, 2024.
How much is contract 12FPC424A0022 worth?
12FPC424A0022's own ceiling is $1,000,000.
Which agency awarded contract 12FPC424A0022?
Farm Production and Conservation (Department of Agriculture) awarded 12FPC424A0022, with funding from Northeast Region (National Resources Conservation Service).
Who can order from contract 12FPC424A0022?
12FPC424A0022 is a single award blanket purchase agreement. Only the awarding agency can place orders on it.
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