Description
The California Department of Transportation (Caltrans) is seeking qualified title and escrow firms to provide on‑call, as‑needed services for real‑estate transactions in Yolo County. The contract will be a multi‑provider agreement that may award two lowest‑responsible bidders, lasting approximately five years. Work will include title searches, preliminary title reports, title‑insurance policies, litigation guarantees, and escrow administration (including reconveyances and subordination). Services must be performed within Yolo County, and the contractor must hold a current Title and Escrow license from the California Department of Insurance. No subcontracting is permitted, and all deliverables must be provided electronically with required hyperlinks.
• Title services: per‑parcel preliminary reports, record searches, ownership statements, and related documents.
• Escrow services: full escrow closings, reconveyances, subordination, and CLTA endorsements at no extra cost.
• Contract terms: five‑year period (May 1 2026 – April 30 2031), on‑call execution, two awardees, $1,000 cap per deed for third‑party reconveyance fees, and mandatory electronic delivery of reports.