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Awarded contract·Ocean County Board of Commissioners·New Jersey

Title Binder and Commitment/Insurance and Search Services for Various Projects in Ocean County

Won by Surety Title Agency Coastal Region LLC +5 more$250kMultiple Award
Contract source

Awarded vendors

  • Surety Title Agency Coastal Region LLC
  • Allstate Title Agency, LLC
  • Mid-State Abstract Company
  • Two Rivers Title Company, LLC
  • Stewart Title Company
  • Trident Abstract Title Agency, LLC

Description

This contract is for title binder and commitment/insurance and search services for various projects in Ocean County. The contract was awarded to six vendors, including Surety Title Agency Coastal Region LLC, Allstate Title Agency, LLC, and Mid-State Abstract Company, among others. The contract has a duration of one year, from February 21, 2025, to February 20, 2026, and has a maximum value of $250,000. The services to be provided include professional title abstracts, binders, and insurance providers for County land acquisition and condemnation matters. • The contract is for professional services, which are specialized and qualitative in nature and require expertise, extensive training, and a proven reputation in this field of endeavor. • The contract is awarded in compliance with the provisions of N.J.S.A. 19:44A-20.4 et seq. • A notice of this action shall be published once as required by law. • The contract number must be placed on all documents pertaining to this Agreement. • A certified copy of this Resolution, together with a copy of the Agreement executed by the parties, shall remain on file and be available for public inspection at the office of the Clerk of the Board of Commissioners.

Attached files

Key dates

Starts
2/21/2025
Ends
2/20/2026
Duration
1 years

Last updated

Details

Award type
Multiple Award
Procurement
Full and Open Competition
Industry
Financial Services
NAICS
541199
Solicitation №
QP2025-42

Contract value

$250,000

The contract value is estimated to be $250,000, as stated in the contract document. This estimate is based on the maximum value of the contract, which includes the costs for all title search, binder and title insurance services. The factors that may influence the likely contract value include the number of projects that require title services, the complexity of the title searches, and the cost of the insurance services.

AI estimate from the award documents

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