Land Acquistion Title and Closing Services

Real estate title insurance services form the core of this indefinite delivery vehicle, with Owen Title Company, Inc. authorized to provide comprehensive title-related solutions for Florida's land acquisition and management initiatives. Available services encompass ownership and encumbrance reports, title search reports, title commitments, title searches, search updates, title policies, closing services, and related acquisition services. These deliverables support the State of Florida's ongoing land acquisition projects administered through the Department of Environmental Protection, serving multiple managing agencies including the Florida Wildlife Commission, Office of Environmental Services, Division of Recreation and Parks, and Florida Forest Service. The contract structure utilizes individual task assignments that specify particular properties, parcels, and associated deliverables, enabling flexible procurement aligned with the state's evolving conservation and land management objectives.

The Florida Department of Environmental Protection awarded this master agreement to Owen Title Company, Inc., effective October 30, 2022, through October 29, 2027, establishing a five-year contract term with statewide coverage throughout Florida. Characterized as a master indefinite delivery vehicle under the state and local contracting program, this contract employs a task assignment methodology whereby individual projects trigger specific scope definition and compensation. Pricing is structured through fixed fees for title search and closing commitment services (standardly $200 per commitment), rebate or credit percentages on title insurance agent retention, and hourly rates for specialized services. Task assignments document individual acquisitions ranging from small parcels valued under $10,000 to large tracts exceeding $30 million, with compensation contingent upon satisfactory deliverable completion as verified by DEP contract managers. The contract's indefinite quantity nature allows the state flexibility in assignment frequency and volume, ensuring cost-effective access to qualified title services supporting Florida's extensive land conservation and acquisition programs.