Blanket Purchase Agreement for Title Abstract Search and Settlement/Closing Services Puerto Rico

The United States Department of Agriculture's Natural Resources Conservation Service (USDA NRCS) is seeking a Blanket Purchase Agreement for title abstract search and settlement/closing services in Puerto Rico. The agency requires a contractor to provide comprehensive title-related services for conservation easement acquisitions, including title searches, title commitments, post-survey updates, final title policies, and closing services. Qualified contractors must be licensed title insurance agents with current knowledge of real estate law and maintain necessary registrations such as DUNS and SAM. The solicitation will be evaluated using a best value tradeoff methodology, with technical capability and past performance weighted more heavily than price. Interested vendors must submit quotes by February 10, 2025 at 12:00 PM ET, with questions due by January 30, 2025 at 12:00 PM ET.

The contract is 100% set aside for small businesses under NAICS code 541191 (Title Abstract and Settlement Offices), with a size standard of $19.5 million. The period of performance spans five years, from February 17, 2025 through February 16, 2030, consisting of five one-year ordering periods. The place of performance is Adjuntas, Puerto Rico, and the contract will require pricing for six specific line items including preliminary title commitments, additional parcel searches, updated title commitments, final title policies, closing services, and recording fees. Contractors must provide liability insurance equal to the federal funds amount and be capable of processing IRS Form 1099 reporting. The solicitation requires contractors to complete title searches within 21 business days and finalize closings within 30 calendar days of receiving federal funds, with payments issued in two stages: one upon delivering preliminary title commitment and another upon completing closing services.