Land Acquisition Title and Closing Services
Ended Master agreement Florida Awarded
- Contract number
- PL357
- Awardee
- AMERICAN GOVERNMENT SERVICES CO
- Contracting organization
- Department of Environmental Protection
Contract facts
- End date
Contract details come from facts.fldfs.com. Updated .
About this contract
American Government Services Corporation provides comprehensive real estate title insurance and closing services under this indefinite delivery vehicle contract with the Florida Department of Environmental Protection. The services encompass ownership and encumbrance reports, title search reports, title commitments, title searches with search updates, title policies, closing services, and related acquisition support essential for the State's land acquisition and management projects statewide. The contract includes fixed-fee services ranging from $50 to $325 per parcel depending on the service type, hourly rates for specialized services between $40 and $75 per hour for closing agents and expert services, and rebate structures on title insurance premiums ranging from 5 percent to 20 percent based on coverage amounts. Task assignments direct specific work orders and authorize compensation on an as-needed basis without guaranteed minimum volumes.
American Government Services Corporation, headquartered in Tampa, Florida, holds the contract as the awarded vendor under Florida Department of Environmental Protection Solicitation 2016015C. The contract became effective February 17, 2016, with an initial three-year term and options for renewal through three additional one-year periods contingent upon satisfactory performance. Coverage extends statewide throughout Florida, with the contract structured as an indefinite delivery vehicle allowing the Department to issue task assignment notification forms for specific projects as needed. American Government Services Corporation maintains authorization to transact business in Florida and works with Commonwealth Land Title Insurance Company and Stewart Title Guaranty Company as approved underwriters supporting service delivery. The contract does not establish a minimum or maximum compensation amount, with actual expenditures determined by the scope and volume of task assignments issued by the Department.
Description
To provide real estate title insurance services, including but not limited to, ownership and encumbrance reports, title search reports, title commitments, title searches, search updates, title policies, closings and other related acquisition services for land acquisition and land management projects for the State of Florida.
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Quick answers
Who holds contract PL357?
Contract PL357 was awarded to AMERICAN GOVERNMENT SERVICES CO by Department of Environmental Protection in Florida on April 29, 2016.
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