26-20-006 - IFB for Title and Escrow Services

HCD is seeking title and escrow transactional services in order to facilitate assignment and transfer of various local government-held loan portfolios. The awarded Contractor shall provide title and escrow services for up to 375 existing loans affecting approximately 250 individual properties.

Please refer to the Exhibit A, Scope of Work of the Proposed Agreement (Section 17 of this IFB, Exhibit A).

Submission

All Bids must be submitted electronically via rfp.ifb@hcd.ca.gov to HCD by the date and time shown in the Schedule of Events. **Final Date for Bid Submission: 12/10/2026, 2:00 PM PT.** Bids received after the final submission date and time will not be considered. If the Bidder does not receive an email receipt confirmation within three (3) business hours, the Bidder must call the phone numbers listed on page one (1) of this solicitation.

Evaluation

The documentation provided will be scored on a pass/fail basis. The award of an Agreement, if it is to be awarded, will be made to the lowest responsive responsible Bidder whose Bid complies with all requirements.

Insurance

The awarded Contractor will not commence performance under the Agreement until the Bidder has provided HCD with a certificate of insurance stating that there is liability insurance presently in effect for the Bidder with a Combined Single Limit (CSL) of not less than **$100,000** per occurrence.

Contract term

The anticipated term of the Agreement will be 2/1/2027 or upon DGS approval, whichever is later, through 1/31/2028, with the option to extend for two (2) additional twelve (12) month periods at the same terms, conditions, and costs.

Public Bid Opening

The IFB Public Bid Opening will be held virtually on Microsoft Teams at 3:00 PM PT.