File #: 24-1360    Version: 1 Name:
Type: Request for Proposals Status: Agenda Ready
File created: 9/26/2024 In control: City Council
On agenda: 10/8/2024 Final action:
Title: 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 Cont...
Attachments: 1. 2024-0095R Packet 1, 2. 2024-0095R Title 2, 3. CC#30_Consent Agenda_BIDS_2024-0095R Title Services
Date Ver.Action ByActionResultAction DetailsMeeting DetailsVideo
No records to display.

CITY OF EL PASO, TEXAS

LEGISTAR AGENDA ITEM SUMMARY FORM

 

 

DISTRICT, DEPARTMENT, CONTACT INFORMATIOn:

Please choose District and Department from drop down menu.  Please post exactly as example below.

No Title’s, No emails.  Please use ARIAL 10 Font.

Details

All Districts

Purchasing and Strategic Sourcing, K. Nicole Cote, (915) 212-1092

Streets and Maintenance, Richard J. Bristol, (915) 212-3306

 

End

 

 

AGENDA LANGUAGE:

This is the language that will be posted to the agenda.  Please use ARIAL 11 Font.

Title

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.

End