Description
This solicitation seeks multiple qualified title‑and‑escrow firms to provide on‑call, as‑needed real‑estate transaction services for Caltrans projects in Del Norte County. The contract will be awarded on a unit‑price basis; bidders must submit detailed per‑parcel, per‑document, and per‑transaction rates. All work must be performed by the contractor’s own staff, and the firm must hold a current California Department of Insurance title‑and‑escrow license. No subcontracting is allowed, and services must be delivered within the stipulated 30‑ to 90‑day windows after a service request is issued.
• Provide preliminary title reports, title‑record searches, and updates for parcels associated with highway right‑of‑way acquisitions.
• Deliver title‑insurance policies and litigation guarantees for residential and commercial transactions up to $5 million, including required CLTA endorsements.
• Administer escrow services, reconveyance, and subordination fees, with actual costs reimbursed (capped at 10 % of subtotal).
• Submit invoices with detailed service‑request information; maintain records for three years post‑payment.
• Must meet small‑business, micro‑business, and DVBE preference/incentive criteria if applicable.