Title and Closing Services

This master agreement provides comprehensive title and closing services for real estate transactions related to state land acquisition in Region 3 of Florida. The contract encompasses a full range of title-related products and services, including title searches and commitments at $266.75 per parcel, ownership and encumbrance reports at $194.00 per parcel, title insurance policies at promulgated rates less 3 percent, title updates at $48.50 per parcel, endorsements at $24.25 per endorsement, and closing services fees at $169.75 per closing. Additional services available under the contract include quick response products, general title research at $33.95 per hour, expert witness services at $48.50 per hour, and resolution of closing issues with senior closers and closers available at hourly rates ranging from $19.40 to $48.50 depending on position level and work location. Travel expenses are compensated in accordance with Florida Statutes Section 112.061 for authorized department-requested activities.

First Title and Abstract, Inc., located in Naples, Florida, serves as the prime contractor under this indefinite delivery vehicle administered by the Florida Department of Environmental Protection, Bureau of Land Acquisition. The original contract was awarded on May 13, 2010, with an initial completion date of May 12, 2013. The contract has been extended through multiple amendments and renewal options, with the final completion date extended to November 12, 2016. This is a master agreement contract type providing services statewide in Florida. Task assignments executed under this IDV have included specific projects such as the Fakahatchee Strand Preserve State Park, with individual task values reaching $281,775.00 for title closing services on multiple parcels.