Purchasing Type: Renewal (REN)
Public Hearing: YES ☐ NO ☒ Department: Purchasing & Contracting
AGENDA ITEM:
Title
Commission District(s): ALL
REN - Title Research Services (Annual Contract - 3rd 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 G. Horner, Director
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. On January 14, 2020, the BOC approved the 2nd renewal for an amount not to exceed $200,000.00. This request is to exercise the 3rd and final renewal option.
RECOMMENDATION:
Recommended Action
Recommend approval of the 3rd renewal option through January 31, 2022 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, 2021
3. Amount Spent To Date: $506,506.12
$164,690.50 - Initial
$162,156.80 - 1st Renewal
$179,658.82 - 2nd Renewal
4. Funding: General - Operating (Tax Commissioner)