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  5. ›The City of Long Beach is seeking proposals for qualified…

City of Long Beach·California

The City of Long Beach is seeking proposals for qualified contractors to provide Armored Car Service

Closes 10/31/2025$1M – $5MRequest for Proposal
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Description

The City of Long Beach is seeking proposals from qualified contractors to provide armored car services, including the secure delivery and pick-up of currency, coins, and checks. The contract will be for a period of five years with the option to renew for five additional one-year renewal periods. The total contract term will not exceed ten years, subject to City Council approval. The contractor must have experience in offering high-security, high-volume armored transport, currency processing, and change order services. The contractor will be required to provide a list of authorized drivers, maintain insurance coverage, and guarantee safe delivery on the same day to designated destinations. • The contractor must be licensed, registered, and authorized to offer armored car services in California. • The contractor must deliver currency, coin, and checks to the City's designated bank vault on the same day as pick-up, as well as same-day credit to the City's bank account. • The contractor must maintain insurance coverage to cover casualty, loss, or destruction of currencies, monies, or checks handled by the contractor's employees or agents. • The contractor must provide a description of the process for documenting receipt of each deposit, tracking deposits, and reporting losses and resolving issues arising from their services. • The contractor must provide a process for identifying and reconciling discrepancies in weights or amounts of currency. • The contractor must provide the City with online dashboard access to the City's armored service account for the purpose of accessing activity reports and monitoring performance.

Attached files

Contact

Keisha Sanker(Procurement Analyst I)

[email protected]

(562) 570-6200

Key dates

Opened
9/26/2025
Questions due
10/10/2025
Closes
10/31/2025
Duration
10 years

Last updated

Details

Type
Request for Proposal
Industry
Security Services
NAICS
561612
Solicitation №
FM-24-501

Budget estimate

$1,000,000 – $5,000,000

Based on the information provided in the RFP, it is estimated that the annual cost of the armored car services will be around $1 million to $5 million, depending on the scope of services and the number of locations served. This estimate is based on the requirement for the contractor to provide a schedule of fees, including all possible direct and indirect costs, and the requirement for the contractor to guarantee safe delivery on the same day to designated destinations. The total contract value over the 10-year period could be around $10 million to $50 million.

AI estimate from the solicitation

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