Summary PDF.pdf

Mike, We received two responses to the solicitation for title contract N69450-21-RP-00007:

The Gilchrist Law Firm P.A.

Is located in Coral Gables Florida. They currently have numerous contracts with the Department of Agriculture where they are providing legal services for real estate transaction support, foreclosure and appraisal services. They also have contracts with the Department of Veterans Affairs and U.S. Army Corps of Engineers. They currently have a DUNS and CAGE number.

Their bid was the highest of all bidders and is 66% more per transaction than the government cost estimate. Title search results will be completed 15 days after request.

Yvonne Green Davis, P.C. (YGD)

Is located in Birmingham, Alabama. They provided Real Estate Program Management for over 35 federally-funded projects (FAA, DOT, FEMA,USACE, GSA). They have provided 60-year title search pursuant to DOJ Title Standards -BPA (Mobile, Baltimore & Nationwide). They also provided real estate & escrow closings for public & private corporations for over 25 years.

Provided condemnation actions for title curative and exceptions to title issues for over 25 years.

They currently have a DUNS and CAGE number. Their bid was 10% higher than the government’s estimate but provides the best value to the government. Title search results will be completed 07 days after request.

Price Comparison Per Transaction

Both companies’ submissions were professional and informative. They both have concrete credentials and demonstrated they have the staff and resources to meet the government’s real estate needs. Yvonne Green Davis, P.C. is the best value to the government as evident by their excellent resume, quality of work and timeliness. I would recommend they be awarded the contract.

GOVT COST ESTIMATE Yvonne G Davis, PA Yvonne G Davis, PA Gilchrist Law Firm, PA Gilchrist Law Firm, PA

DUNS/CAGE 016280245/51JM1 080384432/7Q6K1

A. Title Search 10 $600.00 7 $450.00 30 $3,000.00 B. Preliminary Report, Title Commitment or Binder for Owner’s Title Policy 5 $300.00 7 $450.00 15 $4,000.00 C. Updated Report, Title Commitment or Binder for Owner’s Title Policy N/A $100.00 3 $250.00 15 $2,000.00 D. Issuance of Texas Land Title Association (TLTA) U.S. Policy Form T-11 5 $0.00 7 $0.00 0 $500.00 E. Real Property Acquisition Closing 30 $600.00 14 $1,200.00 20 $3,000.00 F. Issuance of Texas Land Title Association (TLTA) U.S. Policy Form T-12 15 $4,000.00 7 $4,000.00 20 $4,000.00 G. Copies - Recorded Documents (assume 42 per closing @ $.50 per page) N/A $50.00 NA $50.00 NA $50.00 H. Courier, if required (per trp) 0 $35.00 0 $45.00 0 $25.00 I. Wire Fee, if required 0 $35.00 0 $25.00 0 $20.00 J. Recording Fee (est. 11 pages - $26 first + $14 each additional) N/A $166.00 NA $36.00 NA $36.00 K. Original of each recorded instrument plus four (4) copies 5 $0.00 7 $0.00 30 $0.00

Estimated Total Fixed Costs $6,506.00 $16,631.00 Estimated Total Variable Costs $5,886.00 $6,506.00 $16,631.00

Yvonne Green Davis, P.C. cost is slightly higher than the government’s estimate, but significantly lower than the other bid that was received. The government’s estimate is based on historical title costs from other markets, and because this was competitively solicited, the cost offered by Yvonne G. Davis, P.A. is considered reasonable and should be accepted by the government.

Sincerely, ELROY H. PLUMMER

Realty Specialist

NAVFAC-SE SYSCOM

We received two responses to the solicitation for title contract N69450-21-RP-00007: