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Awarded contract·Sedgwick County·Kansas

Tax Foreclosure Title Search Services

Won by Security 1st Title LLC$100kAwarded 1/12/2022Single Award
Contract source

Awarded vendors

  • Security 1st Title LLC

Description

This contract awards Sedgwick County the provision of tax‑foreclosure title‑search services, including the preparation of Certificates of Title and a 40‑year chain‑of‑title report for each parcel involved in county‑initiated tax‑foreclosure proceedings. The vendor must supply detailed ownership, lien, and legal‑description information, flagging any discrepancies, and deliver original and copy certificates for each parcel within stipulated timeframes. The work is billed to the buyer of the foreclosed property, not the County, at fixed per‑search rates, and the contract runs for one year with two possible one‑year extensions. • Scope: Parcel‑by‑parcel title searches, 40‑year chain of title, owner/ lien data, and certification. • Compensation: Fixed unit rates ($135 for basic search, $175 with 40‑year chain); fees charged to property buyers. • Timeline: Annual contract (2022‑2023) with two optional renewals; work tied to Q3 tax‑sale schedule (May‑August).

Attached files

Key dates

Bids closed
11/9/2021
Intent to award
1/12/2022
Awarded
1/12/2022
Starts
1/12/2022
Ends
1/12/2023Renews
Duration
1 year

Last updated

Details

Award type
Single Award
Procurement
Full and Open Competition
Industry
Real Estate
NAICS
541199
Solicitation №
21-0068

Contract value

$100,000

The contract performs roughly 570 title searches per year (based on 2020 volume). Using the higher‑rate option ($175 per search, which includes the mandatory 40‑year chain), the annual revenue would be 570 × $175 = $99,750, rounded to about $100,000. This estimate assumes all searches use the 40‑year chain option and does not account for any potential discounts or additional ancillary services.

AI estimate from the award documents

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