Purchasing Type: Renewal (REN)
Public Hearing: YES ☐ NO ☒ Department: Purchasing & Contracting
AGENDA ITEM:
Title
Commission District(s): ALL
REN - Title Research Services (Annual Contract - 2nd Renewal of 3 Options to Renew): Contract No. 1094844 for use by the Tax Commissioner’s Office. This contract consists of title research services. Awarded to Standard Title & Abstract Co. Amount Not To Exceed: $200,000.00.
Body
Information Contact: Cathryn Horner, CPPB
Phone Number: (404) 371-6334
PURPOSE:
Awarded by the BOC on January 23, 2018 for an amount not to exceed $292,350.00. On December 11, 2018, the BOC approved the 1st renewal for an amount not to exceed $200,000.00. This contract consists of providing the ability to verify and determine the current owner(s) for levy execution and tax sale; verify and determine the owner(s) as of January 1st of each delinquent tax year and to determine the security lien holders and/or mortgages of record for service of levy. This request is to exercise the 2nd renewal option.
RECOMMENDATION:
Recommended Action
Recommend the approval of the 2nd renewal option through January 31, 2021 with:
Standard Title & Abstract Company, 635 Applewood Lane, NW, Marietta, GA 30064-2174
Amount Not To Exceed: $200,000.00
ADDITIONAL INFORMATION:
1. Contract Effective Date: January 23, 2018
2. Contract Expiration Date: January 31, 2020
3. Amount Spent To Date: $326,847.30
$164,690.50 - Initial
$162,156.80 - 1st Renewal
4. Funding: General - Operating (Tax Commissioner)