S01 Attachment 13_Evaluation Criteria for Title Search and Closing Services.pdf
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- Attached to
- Title Search and Closing Services for California NRCS Easement Programs Federal contract opportunity
- Solicitation number
- 12FPC326Q0013
About this file
This document is an evaluation criteria template for a title insurance services solicitation issued by NRCS (Natural Resources Conservation Service) in December 2016.
The solicitation seeks a contractor to provide title insurance services for easement transactions, with evaluation based on five criteria: (1) Qualifications—the contractor must be licensed to conduct title insurance business in the relevant state and have the title insurance company and issuing agents listed on the U.S. Attorney General's List of approved companies and approved by the state insurance commissioner; (2) Past Performance—contractors must provide evidence of experience, preferably with NRCS easement transactions or other federal government acquisitions, with at least two references including phone numbers and email addresses; (3) Locality—contractors must be located in or near the project geographical area with knowledge of local records and accessibility, with evaluation based on proximity to the county and cost-effectiveness; and (4) Timeliness—contractors must demonstrate capacity to meet two distinct timeframes: preliminary title search and closing services, per NRCS Closing Agent Requirements. Pricing is firm-fixed on a per-job basis for eight line items: preliminary title search (including all document copies), title commitment, endorsements, owner's affidavits or exception clearing costs, closing/escrow services with courier and documentation, closing protection coverage, recording fees, and title insurance premiums. Contractors may alternatively provide published fee schedules for title insurance premiums. The document requires contractors to report if items 1, 2, 3, 4, or 6 are waived upon title insurance purchase.
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Text version
Version 1 December 2016
EVALUATION CRITERIA
1. QUALIFICATIONS
a. The contractor must be licensed to do title insurance business in State.
b. The title insurance company and its issuing agents must be on the U.S. Attorney
General’s List of approved companies and must be approved by the State’s insurance commissioner.
The contractor must supply documentation of the above qualifications.
2. PAST PERFORMANCE
The contractor will supply evidence of past performance, preferably with NRCS easement transactions or other Federal Government acquisitions. If the contractor has not closed recent transactions for the Federal Government, information shall be provided about the last three commercial transactions handled. At least two references with phone numbers and email must be provided.
3. LOCALITY
Location in the general geographical area of the project, knowledge of the locality of the project, and access to all relevant records necessary to provide the services described in the Statement of Work. Evaluation will be based on the firm’s or proposed subcontractor’s proximity to the project (i.e. county) and the ability of distant firms to provide service in a cost effective manner.
4. TIMELINESS
Capacity to accomplish work in the required time frames, this job has two time frames, preliminary title search and closing services. Evaluation will be based on the ability to accomplish work according to the time frames identified in the Statement of Work and NRCS Closing Agent Requirements document.
5. PRICE QUOTES
All quotes should be firm-fixed price per line item listed below:
Supplies or Service Unit Price
1. Preliminary Title Search
Includes price for all copies of all underlying documents Job $
2. Title Commitment Job $
3. Endorsement to Title Commitment prior to closing (estimate) Job $
4. Owner’s affidavits or required cost to clear general exceptions (estimate) Job $
5. Closing/Escrow Services, Includes all currier and documentation
Job $
6. Closing Protection Coverage Job $
7. Recording Fees (estimate) Job $
8. Title Insurance Premium (estimate)* Job $
* In lieu of providing quote based on the easement puchase price, contractor may provide a published fee schedule for those costs.
If prices for items 1, 2, 3, 4 and/or 6 are waived when title insurance is purchased, please report that.
File details come from the government source that posted it. Updated .