CN-370000-PL357-T11.pdf
PDF 12 MB Posted
- Contract number
- PL357
- Issued by
- Florida
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Document Summary
This is a Task Assignment Notification Form (PL357.011) for a state and local contract indefinite delivery vehicle issued by the Florida Department of Environmental Protection (DEP) to American Government Services Corporation (FEID: 59-2346160). The contract involves the Cemex Exchange project in Miami-Dade County, representing a property exchange between Cemex Construction Materials Florida, LLC (First Party) and the Board of Trustees of the Internal Improvement Trust Fund of the State of Florida, Division of State Lands (Second Party). The task assignment is for contract title closing services assistance, with an end date of August 29, 2016, and a total task assignment value of $150.00 for two hours of Senior Closer work at the approved contracted rate of $75.00 per hour.
The Exchange Agreement entails a reciprocal conveyance of real property in Miami-Dade County: Cemex North valued at $4,335,000,000 and BOT South valued at $9,452,500,000, with settlement of the value difference by Cemex. The contractor is required to provide contract title closing services including environmental site assessments, surveys, title insurance commitments, hazardous materials management, and closing document preparation. Compensation is structured as fixed fees for title products and closing services (ranging from $50.00 to $275.00 per service), hourly rates for specialized services ($40.00 to $75.00 per hour depending on role), rebate or credit percentages for title insurance agents based on coverage amounts (5% to 20% of agent retention), and reimbursement for authorized travel expenses. Closing is scheduled to occur within 120 days of the Execution Date, contingent upon completion of required environmental assessments, surveys, and title insurance commitments, with DSL approval authority over all closing documents.
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