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City of Palo Alto·California

Armored Courier Services

Closes 10/14/2026$500k – $2MRequest for Proposal
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Description

The City of Palo Alto is soliciting proposals from qualified firms to provide armored courier services for the same‑day collection and delivery of municipal revenues to its designated banking agent. The contract will run for three years (Nov 1 2026 – Oct 31 2029) with the possibility of two one‑year extensions, for a maximum of five years. The contractor must adhere to a strict pickup schedule across multiple city facilities, maintain armed guards with appropriate CHP and BSIS licenses, and assume liability for shipments up to a defined maximum. Proposals must include firm experience, references, insurance, financial stability evidence, and a not‑to‑exceed cost proposal. • Service scope: same‑day armored pickup and delivery of cash/receipts from six city locations to US Bank’s Oakland cash vault. • Required schedule: specific days/times for each site (e.g., Wednesdays 1‑2 pm, Tuesdays 10 am‑12 pm, etc.). • Licensing: CHP armored‑car operator license and BSIS firearms permit for guard personnel. • Liability: contractor liable for loss/damage up to the agreed maximum shipment liability. • Evaluation criteria: proposal quality, solution effectiveness, experience, cost, financial stability, timeliness, past performance, and compliance. • Submission: electronic via OpenGov by 3:00 pm on Oct 14 2026; questions due by Sep 24 2026.

Attached files

The solicitation documents live at the source — open the bid source above to download them.

Contact

Nichol Banks(Management Specialist)

[email protected]

(650) 329-2627

Key dates

Opened
9/24/2026
Questions due
10/7/2026
Closes
10/14/2026
Duration
3 years

Last updated

Details

Type
Request for Proposal
Industry
Security Services
NAICS
488410
Solicitation №
RFP198905

Budget estimate

$500,000 – $2,000,000

The RFP does not disclose a contract value. Typical municipal armored‑courier contracts covering multiple daily pickups across several sites for a three‑year term range from roughly $500,000 to $2,000,000, depending on volume of cash, mileage, insurance requirements, and liability limits. Assuming an average of 6 pickup locations, 2‑3 trips per week, and a moderate liability cap, the low‑end estimate would be about $500 K and the high‑end around $2 M.

AI estimate from the solicitation

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