Title and Escrow Services

The City of Tucson has awarded a contract to Pioneer Title Agency for title and escrow services. The contract is for a term of two years, starting from November 21, 2023, and ending on November 20, 2025. The scope of work includes providing title and escrow services to the City for the acquisition and disposition of its real property interests. The contractor must be registered with the State of Arizona Insurance Commission and licensed to provide title insurance and escrow services in the state. Some key points to note about this contract include: • The contract has a budget of $500,000. • The City of Tucson is exempt from federal excise tax but not from other taxes. • The contractor must comply with the Section 3 Program and New Rule regulations. • The contract includes a Section 3 Contract Clause, which requires the contractor to direct employment and economic opportunities to low- and very low-income persons. • The contractor must report labor hours worked by Section 3 Workers and Targeted Section 3 Workers. This contract may be of interest to companies that specialize in title and escrow services, particularly those with experience working with government agencies.