FE_K.Lovgren+Contract+2.1.21.pdf

This document is a State Contract (#003) between the State of North Dakota, acting through its State Procurement Office, and Kyle Lovgren, Inc., a company located in Williston, North Dakota. The contract is executed by the state's Office of Management and Budget and involves land title services.

The contract covers a range of land title-related services, including surface and mineral title work, current owner searches, institutional lender searches, deed and mortgage reporting, and curative title work. The compensation is set at $85 per hour, with additional reimbursement for miscellaneous expenses such as courthouse and office copies, postage, and recording fees. The contract term runs from February 1, 2021, to January 31, 2023, with no automatic renewal. However, the state reserves the right to extend the contract for up to 12 months and potentially renew it for three additional 24-month periods. The contractor is required to maintain specific insurance coverages, including commercial general liability and workers' compensation, and must comply with various state and federal regulations throughout the contract period.