6-Letcher County - 5082 NRCS Buyout - Title Services - IFB Round 1 .pdf
PDF 817 KB Posted
- Attached to
- Invitation for Bid- Title Services - R-1
- Solicitation number
- Title Round 1
- Issued by
- Laurel County, Kentucky
About this file
The document is an Invitation for Bid (IFB) issued by the Letcher County Fiscal Court in Kentucky for NRCS EWP Home Buyout Program title work and closing services. The solicitation seeks a qualified legal firm or title company to complete title work, curative title work, title insurance, and closing services for approximately 125 properties. Bids must be submitted through the DFS Procurement Portal by October 16th, 2025 at 9:00 AM ET, with bid opening scheduled for 10:00 AM ET the same day and contract award planned for October 20th at 10:00 AM ET. The county notes there is no guarantee of the total quantity of work, as structures may fall out of the program or be processed through alternative means, and multiple firms may be used to meet the county's scheduling requirements.
Regarding financial terms, certain costs will be pass-through only, including title insurance premiums (calculated at $4.75 per $1,000 up to $100,000 in coverage, with a minimum fee of $238 for up to $50,000 in coverage), recording fees, and transfer taxes specific to Letcher County. The county reserves the right to accept or reject any bids and to negotiate with bidders, with the intention of awarding the contract to the most advantageous proposal. Bidders are required to submit a copy of necessary licensing and certifications, and all communications and questions should be submitted through the procurement portal, with portal navigation questions directed to procurement@erassist.com.
View the file
Other files
On GovTribe
Work with this file
- Download the original file
- Contacts named in this file
- Similar government files
- Ask GovTribe AI about this file
Text version
Invitation for Bid 5082 Letcher County NRCS Buyout Title Work and Closing Services
Round 1
The Letcher County Fiscal Court is seeking to contract with a qualified legal firm or title company to complete title work and closing services for approximately 125 properties participating in the Letcher County NRCS EWP Home Buyout Program.
Services to be provided include title work, curative title work, title insurance, and closing services for buyout properties approved by NRCS for the NRCS EWP Home Buyout Program.
Please note: After a clear title is determined, there will be a pause (of unknown duration) in title service work prior to property closing while NRCS completes other required steps (such as State Historic Preservation Office clearance). Invoicing for title searches can be done separately from the remainder of services.
Submission:
● Bids and all required forms shall be submitted through the DFS Procurement Portal at dfs.bonfirehub.com/portal no later than October 16th, 2025 at 9:00 AM ET.
Submissions received after the due date and time will be considered non-responsive and will not be considered.
● Bids will be opened on October 16th, 2025 at 10:00 a.m. ET at the Letcher County Judge Executive's Office.
● Award will occur at the Fiscal Court meeting scheduled for October 20th at 10:00 AM ET.
● Questions regarding bids should be submitted in the procurement portal. For questions regarding procurement portal navigation, email: procurement@erassist.com.
● Required documents for submission:
○ Copy of necessary licensing and certifications
Awards will be made per property. There is no guarantee of the quantity of work. Structures may fall out of the program, be awarded to another contractor to meet state deadline requirements, or be purchased through another program. Multiple firms may be used if needed to meet the scheduling needs of the county.
5082 Letcher County NRCS Buyout Title Services Round 1 http://dfs.bonfirehub.com/portal mailto:procurement@erassist.com
The County reserves the right to accept or reject any or all bids and negotiate with any and all individuals or firms that submit bids. The right is also reserved to waive any minor irregularities and to award the bid to the respondent whose offer is most advantageous to and in the best interests of Letcher County.
Please note:
● The following three items will be pass-through only.
Title Insurance Premium
PASS-THROUGH ONLY of Title Insurance Costs $4.75 per $1,000, up to $100,000.00 in coverage, with a minimum fee of $238.00 for up to $50,000 in coverage. Plus an additional $3.75 per $1,000 for $100,001 to $500,000 in coverage. Plus any applicable taxes if in city limits.
Recording Fees PASS-THROUGH ONLY (Letcher County)
Transfer Tax PASS-THROUGH ONLY (Letcher County)
5082 Letcher County NRCS Buyout Title Services IFB Round 1
File details come from the government source that posted it. Updated .