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  5. ›05626B0004-Armored Car Services for Tow Pounds

New York City Police Department·New York

05626B0004-Armored Car Services for Tow Pounds

Closes 5/27/2026$330k – $400kInvitation for Bid
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Description

The New York City Police Department is soliciting an armored‑car service provider to collect daily receipts (cash, checks, money bags, tags, seals) from its three tow‑pound locations (Bronx, Brooklyn, Queens) and deliver them to a designated bank. The contractor must operate secured armored trucks, staff each vehicle with at least three armed and licensed employees, and meet strict pickup and delivery time windows (Mon‑Sat pickup; Mon‑Fri delivery 9 am‑11 am, Sat delivery by 3 pm). The contract is a fixed‑price unit‑price “trip” arrangement, lasting three years with up to three optional three‑year extensions, and includes liquidated‑damage penalties of $70 per day for missed pickups/deliveries. Comprehensive insurance (crime, all‑risk, workers’ comp, etc.) and compliance with NYPD’s security and reporting requirements are mandatory. • Daily receipt collection from three NYPD tow‑pound sites and same‑day bank deposit • Armed‑car personnel (≥ 3 per vehicle) with NY State licensing and required insurance coverage • Fixed‑price per‑trip billing, monthly invoicing, and $70/day liquidated‑damage clause • 3‑year base term, optional three‑year extensions, and CPI‑U price escalation limits • Required reporting: daily bank acknowledgment, monthly invoices per site, and strict adherence to delivery windows

Attached files

Contact

Marta Zmoira

[email protected]

Key dates

Opened
5/4/2026
Questions due
5/18/2026
Closes
5/27/2026
Duration
3 years

Last updated

Details

Type
Invitation for Bid
Industry
Security Services
NAICS
561620
Solicitation №
05626B0004

Budget estimate

$330,000 – $400,000

The solicitation indicates an estimated procurement value of $367,848 for the base three‑year term. Assuming a typical market range of ±10 % for pricing variability, the expected award could fall between roughly $330,000 and $400,000 for the initial term, with potential extensions adding similar amounts.

AI estimate from the solicitation

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