Land Acquisition Real Estate Title and Closing Services

The Florida Department of Environmental Protection (DEP) is seeking qualified vendors to contract for Land Acquisition Real Estate Title and Closing Services. The DEP is requesting proposals for services that include general title research, title searches/commitments for closings and title policies, updates, closing services, post-closing title insurance endorsements, expert witness services, and opportunity purchase services. This is a five-year contract with the option to renew for an additional five years. The DEP intends to award up to three contracts and will evaluate responses based on past performance, technical approach, and pricing. Respondents must provide a rebate or credit percentage that will be passed on to the party paying the title insurance premium. The deadline for questions is June 27, 2022, and proposals are due by July 11, 2022.

The contract does not specify any set-asides, and there are no listed incumbents or current contractors. The DEP has provided historical usage data, indicating that the majority of costs have been for title insurance premiums, with minimal usage of other requested services. The contract does not specify any funding sources, but the estimated annual volume for services such as title commitments, closings, and oil/gas/mineral searches is provided in the addendum. The draft contract outlines the compensation structure, which includes fixed fees for various title products and closing services, as well as hourly rates for specialized projects.