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Escrow and Closing Agent Services

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State & Local

Contract Overview

Solicitation details, issuing organization, response deadlines, documents, and interested companies for this government contract opportunity.

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The California Department of Housing and Community Development is seeking a licensed California Escrow Agent to provide escrow and closing services for the transfer of its loan portfolio. The selected agent will serve as a neutral third party responsible for holding funds and documents, as well as coordinating the signing and recording of assignment documents for a portfolio consisting of up to 375 loans. The contractor must maintain secure escrow accounts and is required to deliver all executed closing packages and recorded transfer documents upon completion. This subcontract opportunity falls under NAICS code 523110 and will be performed in Alameda. Interested parties must submit their responses by the deadline of December 10, 2026. The contract focuses on ensuring a secure and organized transfer process for the agency's prime contractors through professional escrow management.

General Info

California escrow agent needed for loan portfolio transfer services by December 10, 2026.

Documents

This scope was carved out of 26-20-006.

The full solicitation package (1 document), including the RFP, is on the prime solicitation, not on this scope.

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

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Organization & Contact Information

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AgencyCalifornia → Housing & Community Developmnt
ContactsNo contacts available
OfficeN/A
Office AddressN/A
ContactsNo contact information available

Full Description

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Manages the escrow process and closing for prime contractors on California Department of Housing and Community Development (HCD) loan portfolio transfers. Acts as a neutral third party to hold funds and documents, coordinating the signing and recording of assignment documents for up to 375 loans. Requires a California Escrow Agent license and secure escrow accounts. Delivers executed closing packages and recorded transfer documents.

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Same NAICS industry code

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Same awarding agency

NAICS: 541191
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26-20-006 - IFB for Title and Escrow Services
Solicitation # 26-20-006
The California Department of Housing and Community Development is soliciting fixed-price title and escrow transactional services under solicitation 26-20-006 to facilitate the assignment and transfer of local government-held loan portfolios. The scope of work involves providing services for up to 375 existing loans affecting approximately 250 individual properties, all located within the City of Lindsay, Tulare County. The contract is scheduled to begin on February 1, 2027, or upon DGS approval, with an initial term ending January 31, 2028, and options to extend for two additional twelve-month terms, not to exceed a total of three years. The agreement will be awarded to the lowest responsive and responsible bidder. Evaluation factors include the bid price, with specific preferences and incentives available for certified Small Businesses and Disabled Veteran Business Enterprises. Bidders must be duly licensed by the California Department of Insurance and authorized by the Department of Financial Protection and Innovation to perform title and escrow services. Key deliverables include the submission of preliminary reports in PDF format with specific document hyperlinks, with a phased delivery schedule requiring 100 reports within two weeks, another 100 within six weeks, and the remainder within ten weeks of contract execution. Administrative requirements include monthly invoicing in arrears and strict adherence to a comprehensive set of required attachments, including a cost sheet, mandatory qualifications certification, and confidentiality statement. The contract is subject to a budget contingency clause and prompt payment in accordance with the Government Code. All work is to be performed remotely during standard Pacific Time business hours.
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1 day ago

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in about 2 months
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