UPDATE1.docx

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Title Evidence and Closing Services for Acquisition of Real Property in Bay County, Panama City, Florida
Solicitation number
N69450-22-RP-00048
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Solicitation Doc.pdf PDF
EXHIBIT 1.pdf PDF

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CONTRACT FOR TITLE EVIDENCE AND CLOSING SERVICES

Contract Number N69450-22-RP-00048 Update #1

The property in this solicitation is being donated to the U.S. Navy. Therefore, there will not be a purchase price associated with the conveyance. It is the Navy’s intention under this contract to obtain title insurance that is 50 – 100% of the appraised fair market value (FMV) of the property. The FMV and amount of title insurance coverage will be determined by the Navy prior to the closing date.

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