CN-370000-PL354-T199.pdf
PDF 3 MB Posted
- Contract number
- PL354
- Issued by
- Florida
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Summary
This is a Task Assignment Notification Form under DEP Contract No. PL354, a state and local contract indefinite delivery vehicle managed by the Florida Department of Environmental Protection. The contract involves Tallahassee Title Group, LLC (TTG) as the contractor, with the contract manager being Joseph Boyd and the DEP Designated Task Manager being Mary K. Thurmond. The task assignment is dated September 17, 2019, and concerns the Dickerson Bay/Bald Point project (also known as The Bluffs of St. Teresa) located in Franklin and Wakulla Counties, Florida. The property owner is Ochlockneee Timberlands, LLC, and the managing agency is the Division of State Lands (DSL). The parcel encompasses approximately 17,000 acres with a total value of $25.6 million.
The task requires TTG to provide a title commitment and/or update on multiple parcels described in Exhibit "A" in accordance with specifications outlined in Exhibit "F". TTG's approved contracted rate for title closing services is $275.00 per search/closing commitment, with a total task assignment value of $12,375.00, calculated at 45 parcels multiplied by the per-parcel rate. The title commitment is due within 14 days or the best timeframe if less, after execution of the task assignment, with the task assignment end date set at 30 days after closing. No liquidated damages per day charges apply. The financial consequences clause specifies that DEP will not pay for unsatisfactory deliverables, and the contractor is given the right to remedy at no cost to DEP. Closing documents, including the title insurance policy and all endorsements, must be received by DEP within 45 days of closing unless the timeframe is extended in writing prior to the original due date.
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