Loren Data Corp.

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COMMERCE BUSINESS DAILY ISSUE OF OCTOBER 15,1997 PSA#1951

DC Metro Facilities Service Office, U. S. Postal Service, 10400 Little Patuxent Pkwy, #400, Columbia, MD 21044-3510

R -- INDEFINITE QUANTITY CONTRACT FOR REAL ESTATE TITLE SERVICES FURNISHING AND DELIVERING TITLE REPORTS, OWNER'S TITLE GUARANTEE (INSURANCE) POLICIES AND CLOSING SERVICES IN MARYLAND, VIRGINIA, AND THE DISTRICT OF COLUMBIA. SOL Solicitation #232092-98-A-0006 DUE 111597 POC Conni Brisson, Facilities Contract Specialist, (410) 884-1822 WEB: United States Postal Service, http://www.usps.gov. E-MAIL: Conni Brisson may be contacted by e-mail at this address., cbrisson@email.usps.gov. All applicants must be able to provide title report and owner's title guarantee (insurance) in accordance with the following specifications numbered 1) through 11): 1) Provide 50-year chain of title including leases, subleases, and mortgages of property and coordinate with environmental engineer. 2) title examination and issuance of a title commitment from a title company approved by the Justice Department to issue a final policy on ALTA U.S. Policy -- 9/28/91, as modified by the two modifications required under Title 39 U.S. Code 401 (1) (5) and 409 (d). 3) Information on past due and current taxes with sufficient information for proration of current year's taxes at closing. Disperse tax payments as required. 4) Furnish names and addressees, as needed, of all taxing authorities and assist in notifying them to remove the property purchased from the tax rolls. 5) Coordinate title search with surveyor as necessary. The Surveyor's name will be provided on award of contract for these services. 6) Furnish escrow services, if needed, including but not limited to disbursement of funds to mortgagor, tax authorities, lien holders and vendors. 7) Advance, on a reimbursable basis, the cost of recording documents of conveyance and record instruments as required. 8) Provide notary services as necessary. 9) Provide office for closing, if necessary, and sign our closing agreement documents. 10) Provide copy of vendor's closing statement after settlement, showing disbursement of funds. 11) Issue final policy on ALTA U.S. Policy -- 9/28/91 as modified. Further, the contractor shall furnish professional title services to the Postal Service, as may be required from time to time, specified in written orders ( hereinafter called " Work Orders"), issued by the Postal Service, pursuant to the "Ordering" clause of any subsequent contract. The contractor shall make available the necessary personnel, facilities, and materials to perform the required services through its own employees ( including joint venture employees) or through the employees of subcontractors, and to provide the Postal Service with accurate information, cogent reports, and clear cut options. All work shall conform to applicable Postal Service standards based on the work to be performed. At the discretion of the Contracting Officer, multiple contracts may be awarded. The contract, with a guaranteed minimum of $5,000.00 will be for two years, with options for three one-year renewals. Each task order will be negotiated as an individual project and task orders may not exceed $50,000.00. The total contract cannot exceed $200,000.00 for each 12-month contract period. The contract may be renewed for three one-year periods providing that the total contract amount does not exceed $1,000,000.00. Firms that have the qualifications to perform the previously described services are invited to submit a resume that states experience in performing the described work and any prior postal experience by November 15, 1997, at 2:00 PM. All submittals will be reviewed and the most qualified firms will be interviewed. Interested firms with more than one office must indicate on their resume the staffing composition of the office or offices in which the work will be performed. Consideration will be given to firms responding to this advertisement in accordance with instructions in the following order of preference: A) Title experience B) Ability to service the specified geographical area C) Knowledge and experience with Postal Service Real Estate Policies and Procedures. There is no restriction on the geographical location of consultants. Submissions will not be retained.***** (0282)

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