IFB Multi-Provider Title and Escrow Services in Del Norte County

The California Department of Transportation (Caltrans) is issuing an Invitation for Bid (IFB) for a multi-provider agreement to provide title and escrow services on an on-call, as-needed basis for properties in Del Norte County. The selected contractors will be responsible for preparing preliminary title reports, litigation guarantees, title insurance policies, and performing other title and escrow services as outlined in the scope of work. The agreement will have an initial term of five years, commencing on August 26, 2024 or upon Department of General Services approval. Caltrans will award the agreement to two responsible bidders who submit the lowest bids and meet all the specifications outlined in the IFB. Bids are due by September 3, 2024 at 2:00 PM Pacific Time, and pricing for the services will be based on the bidders' proposed unit rates across various categories.

The IFB includes preferences for small businesses and disabled veteran business enterprises (DVBEs). While there is no DVBE participation requirement, a DVBE incentive program applies. Bidders must possess a valid title and escrow license issued by the California Department of Insurance to be considered responsive. The IFB does not provide any details on incumbents, funding requirements or sources, or other salient information. The total award value is not specified, but the IFB represents an on-call, as-needed contract for title and escrow services in Del Norte County.