Financial Services, Real Property Title

The City of St. Petersburg, Florida is conducting a Request for Proposals (RFP) for comprehensive real property title and escrow services across Pinellas County. The solicitation seeks qualified title and escrow service companies to provide a range of professional services including title reports, title commitments, title insurance policies, escrow, and closing services for various real property transactions such as deed conveyances, easements, and property transfers. Vendors must possess a minimum of three years in title services, be licensed as a title service agency in Florida, have a licensed title agent-in-charge, and demonstrate capability to obtain required insurance coverage. The evaluation criteria will weight proposals based on Project Team (30%), Key Personnel & Resumes (15%), Past Project Experience and References (10%), Project Approach/Proposal (29%), and Cost Analysis (10%). Key deadlines include a question submission deadline of December 16, 2025, at 3:00 p.m., and a response deadline of December 18, 2025, at 3:00 p.m., with evaluation and shortlisting scheduled for January 8, 2026. The initial contract term will be three years with one optional two-year renewal period, and proposals must be submitted electronically through the City's online bidding portal.

The RFP includes set-aside opportunities for City of St. Petersburg Certified Small Business Enterprises (SBE), Minority Owned Business Enterprises (MBE), and Women Owned Business Enterprises (WBE), with each category weighted at 2% in the evaluation process. Vendors must provide comprehensive insurance coverage, including $1,000,000 commercial general liability, $1,000,000 commercial automobile liability, workers' compensation, $1,000,000 errors and omissions/professional liability insurance, and $500,000 fidelity/crime insurance. The cost proposal will be based on unit pricing for five specific line items: Property Information Report, Title Commitment, Update to Title Commitment, Closing Fee with Notary Service, and Title Insurance Policy for Easements. While no specific contract value or budget range is explicitly stated, the solicitation suggests the City intends to award contracts to multiple vendors determined to be most advantageous based on the comprehensive evaluation criteria. The agreement will be governed by Florida law, with venue in Pinellas County, and requires vendors to maintain competitive pricing comparable to services provided to other similar clients.