ACEP-WRE Title Services

Please see attachment for details of this justification.

Description of supply or service required to meet the agency’s needs.

Continuation of work to provide title commitment updates and closing services of ACEP-WRE easement contracts in Arkansas from already provided title commitments.

• Update prior provided preliminary title commitments for ACEP-WRE closing.

• Provide closing services, including closing of the ACEP-WRE as instructed by NRCS following all state standards (including issuing funds to lien holders, mortgages, or landowners as appropriate).

• Issue a Closing Protection Letter.

• Record all documents and provide to NRCS timely after closing.

• Issue a final title policy meeting NRCS and DOJ standards.

• See also the Statement of work for title updates and closing services for all agency needs.

• Total value of ten (10) easement title updates and closing services is $21,749.00

• Time for multiple projects should be completed in 12 months.

The rationale or circumstances for limiting competition.

This company has already provided initial title commitments for specific easement landowner contracts. There are additional needs to complete the real estate transaction. Title updates and closing services follow these initial documents provided by the above-mentioned company.