Description
California Department of Transportation is seeking multiple qualified title and escrow firms to serve on a multi‑provider, on‑call basis for real‑estate acquisitions in Humboldt County. The work will be performed as needed for highway right‑of‑way projects, with each service request specifying the required deliverables. Vendors must hold a current Title and Escrow license issued by the California Department of Insurance and must be able to provide quick preliminary reports, escrow administration, and recording services on a per‑parcel basis. The contract will run for an estimated five‑year period, with the government paying per‑unit rates as set in the bid and a capped fee for third‑party reconveyance costs.
• Provide title search, preliminary reports, and escrow administration for individual parcels on a request‑by‑request basis.
• Deliver title insurance policies, litigation guarantees, and escrow services for both residential and commercial transactions.
• Facilitate reconveyances and subordination filings, with reimbursement limited to $1,000 per deed of trust and a line‑item cap for overall fees.
• Must maintain a valid state title & escrow license, carry required insurance, and comply with all Caltrans contractual clauses.