UNSPSC 64121513: Title insurance policy

A type of risk management contract, found predominantly in the United States, which insures against financial loss from defects in title to real property and from the invalidity or unenforceability of mortgage loans.

UNSPSC 64121513 Title insurance policy is a Commodity code under which state and local governments procure title examination, title insurance issuance, and related closing services to support real property acquisition, disposition, and management. The scope includes title searches, preliminary and final title reports, title commitments, owner and encumbrance verification, issuance of owner policies at rates established by state title insurance rating authorities (such as New York's TIRSA), title closer services, continuation searches, and escrow services. Issuing bodies include county governments (notably Suffolk County, New York and Douglas County, Georgia), municipalities (City of Tampa, City of Detroit), and special-purpose districts (Dorchester County, South Carolina). The work is being solicited across multiple issuing bodies as ongoing, as-needed services to support capital projects, right-of-way acquisition, and routine property management operations; contracts typically run one to three years with renewal options.

Recent solicitations reflect geographic spread across the Northeast, Southeast, and Midwest. Suffolk County, New York issued an RFQ in May 2026 for title examination and insurance services to support its Division of Real Property Acquisition and Management, with responses due June 10, 2026 and a three-year contract term commencing January 1, 2027, requiring New York State licensure and professional liability insurance of at least $2,000,000. Douglas County, Georgia issued an Invitation to Bid in April 2026 for Right-of-Way Acquisition Legal Services including title searches and final title certificates for approximately 27 parcels on the Bomar Road Improvements project, with bids due May 12, 2026, requiring Georgia-licensed attorneys with preference for GDOT Attorney List appearance and per-parcel plus hourly pricing. The City of Tampa issued an RFQ in March 2026 for citywide title services on an as-needed basis, with responses due June 3, 2025, requiring five years of prior title experience and office presence in Hillsborough County, and incorporating W/MBE and SLBE diversity scoring of up to 20 points. The City of Detroit issued an RFQ in February 2026 for title services supporting home assistance programs, with quotes due March 4, 2026, and offering Detroit-based business equalization credits of up to 12 percent; Dorchester County, South Carolina issued an RFP in March 2026 for tax notice posting services (a related real property administrative function), with proposals due April 3, 2026.