$2,915
BISMARCK TITLE CO
Farm Production and Conservation Business Center
- PIID
- 12FPC126F0068
- PSC
- R418 - SUPPORT- PROFESSIONAL: LEGAL
Federal NAICS Codes
NAICS 541191
Title Abstract and Settlement Offices
Explore obligations, trends, recent awards, and incumbent contractors for NAICS 541191.
NAICS 541191 federal market metrics
- Total obligations
- $517.7M
- Total awards
- 10,024 awards
- Active obligations
- $182M
- Size standard
- $19,500,000 receipts
What this NAICS covers
NAICS 541191 covers title search, title examination, abstracting, escrow, and closing services related to real estate transactions, including preparing title commitments, assembling closing documents, and facilitating funds transfer and deed recording.
Federal opportunities under 541191 typically involve performing title examinations for property acquisitions, producing certified abstracts, managing escrow and settlement closings, and coordinating recording and title insurance endorsements per contract-defined documentation requirements.
FY2025 snapshot
- Obligations
- $8.8M
- Awards
- 121
- Average award
- $72.9K
- Change from FY2024
- +358.9%
Federal obligation trend
FY2021
$1M · 68 awards
FY2022
$1.9M · 204 awards
FY2023
$3.6M · 159 awards
FY2024
$1.9M · 108 awards
FY2025
$8.8M · 121 awards
FY2026
$180.2M · 46 awards
Recent awards
$93,295
IBK GOVERNMENT GROUP, LLC
Farm Production and Conservation Business Center
- PIID
- 12FPC326P0023
- PSC
- R418 - SUPPORT- PROFESSIONAL: LEGAL
$6,400
TRI-STATE TITLE SERVICES, LLC
Farm Production and Conservation Business Center
- PIID
- 12FPC126F0051
- PSC
- R411 - SUPPORT- PROFESSIONAL: REAL PROPERTY APPRAISALS
$2,315
BISMARCK TITLE CO
Farm Production and Conservation Business Center
- PIID
- 12FPC126F0058
- PSC
- R418 - SUPPORT- PROFESSIONAL: LEGAL
$1,590
BISMARCK TITLE CO
Farm Production and Conservation Business Center
- PIID
- 12FPC126F0056
- PSC
- R418 - SUPPORT- PROFESSIONAL: LEGAL
$1,590
BISMARCK TITLE CO
Farm Production and Conservation Business Center
- PIID
- 12FPC126F0055
- PSC
- R418 - SUPPORT- PROFESSIONAL: LEGAL
$5,880
BISMARCK TITLE CO
Farm Production and Conservation Business Center
- PIID
- 12FPC126F0057
- PSC
- R418 - SUPPORT- PROFESSIONAL: LEGAL
$2,083,738
CASO LAW FIRM, PLLC
US Customs and Border Protection
- PIID
- 70B01C26C00000030
- PSC
- R418 - SUPPORT- PROFESSIONAL: LEGAL
FAQ
What work fits NAICS 541191?
- Perform complete title searches and prepare chain-of-title reports and title commitments for property acquisitions described in contract exhibits.
- Act as escrow and settlement agent to receive, reconcile, and disburse funds, execute closing documents, and coordinate deed recording for contract property transfers.
- Prepare certified abstracts, notarized closing packages, and title affidavits required for property conveyance deliverables.
- Provide title curative work tied to contract closing conditions, including preparing corrective instruments and coordinating recordation to clear defects identified in examination.
When is NAICS 541191 a weak fit?
- Construction contracting: procurement focused on building, renovation, or demolition lacks title examination, escrow handling, or deed-recording deliverables that define this NAICS.
- Property management or leasing services: ongoing lease administration, tenant relations, or facility maintenance omit the closing, title search, and escrow functions central to this NAICS.
- Real estate brokerage or sales representation: listing, marketing, and agent negotiation work does not include producing abstracts, performing title examinations, or acting as escrow/settlement agent.
What solicitation language points to NAICS 541191?
- Statement of work requires delivery of a certified title commitment or abstract of title and an itemized chain-of-title report.
- Contract line items call for escrow agent duties including holding funds, reconciling receipts, and preparing disbursement instructions for closings.
- Performance requirements specify notarized closing packages, recorded deed certificates, and documented title insurance endorsements or endorsements by lot/parcel.
Put this market knowledge to work
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