UNSPSC 93151518: Property title fee

Fee paid to obtain a formal title to property ownership

UNSPSC 93151518 Property title fee, a Commodity code, covers preliminary title reports, title record searches, document preparation and recording, litigation guarantees, escrow services, and title insurance policies for real property acquisitions. California Department of Transportation (Caltrans) is the dominant issuing body under this code, soliciting on-call and as-needed multi-provider title and escrow services across multiple county jurisdictions to support state highway facility acquisitions and right-of-way transactions. Bidders must hold valid Title and Escrow licenses from the California Department of Insurance and meet performance requirements including rapid preliminary-report turnaround for transportation projects. Pricing is structured on a per-unit or per-transaction basis with tiered rate categories by transaction size (zero to five million dollars) for residential and commercial transactions. Small-business and disabled-veteran-business-enterprise preferences apply across most solicitations, with combined preference caps ranging from $50,000 to $100,000 per award.

Caltrans has posted three separate IFBs for title and escrow services as of June and July 2026, covering Los Angeles and Ventura Counties (IFB 07A6436, due July 23, 2026, three contractors to be awarded), Stanislaus County (IFB 10A2930, due July 2, 2026, up to two contractors to be awarded), and Santa Cruz, San Benito, and Monterey Counties (IFB 05A3012, due June 23, 2026, two contractors to be awarded). All three solicitations are multi-provider arrangements with estimated contract terms running five years from mid-2026 through mid-2031, limited placement-of-new-orders periods through 2029, and no subcontracting permitted. Contracts are subject to federal cost principles and Title VI civil rights requirements. Recent activity concentrates in California, with no competing opportunities visible in other states within the source data.