24-1360

The linkage to the Strategic Plan is subsection: 6.5 Deliver services timely and effectively with focus on continual improvement. Award Summary: The award of solicitation 2024-0095R Title Services to the following suppliers: 1) Lone Star Title Company of El Paso, Inc. and 2) WestStar Bank Holding Company, Inc. and Subsidiaries dba WestStar Title, LLC for a total estimated amount of $300,000.00. This contract will assist with title search and closing services needs for real estate transactions. Department: Streets and Maintenance Award to Supplier 1: Lone Star Title Company of El Paso, Inc. City & State: El Paso, TX Item(s): Title Search/Report Services Initial Term: 3 Years Option Terms:2 Years Total Contract Time: 5 Years Award to Supplier 2: WestStar Bank Holding Company, Inc. and Subsidiaries dba WestStar Title, LLC City & State: El Paso, TX Item(s): Title Search/Report Services and Title and closing Services Initial Term:3 Years Option Terms: 2 Years Total Contract Time:5 Years Total Estimated Award: $300,000.00 Account(s) 532-1000-32080-521110 Funding Source(s): General Fund District(s): All This was a Request for Proposals Procurement service contract. The Purchasing & Strategic Sourcing and Streets and Maintenance Departments recommend award as indicated 1) Lone Star Title Company of El Paso, Inc. and 2) WestStar Bank Holding Company, Inc. and Subsidiaries dba WestStar Title, LLC the highest ranked offerors based on the evaluation factors established in the evaluation criteria for this procurement. It is requested that the City Manager be authorized to establish the funding sources and make any necessary budget transfers and execute any and all documents necessary for execution of this award. In accordance with this award, the City Manager or designee is authorized to exercise future options if needed. Additionally, it is requested that the City Attorney's Office review and that the City Manager or designee be authorized to execute any related contract documents and agreements necessary to effectuate this award.

Request for Proposals Agenda Ready Introduced September 26, 2024

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