Description
The State Treasurer's Office is seeking smart safe services to streamline in-agency cash-handling processes, secure deposits, and increase cash visibility for agencies that receive low to high cash volumes. The contractor will be responsible for providing deposit preparation, fully protected deposits, reduced internal and external theft risk, and immediate credit of funds into the State's bank of choice. The contract is expected to cover approximately ten locations, with the possibility of adding more locations over time. Key aspects of the contract include:
• Streamlining cash-handling processes
• Securing deposits and reducing theft risk
• Providing immediate credit of funds into the State's bank of choice
• Servicing approximately ten locations, with potential for expansion
• Flexibility in service windows and days of service
The contractor will be expected to provide their best pricing for the entire 3-year period, including the 1-year renewal option period.