Armored Collection Services

The City of St. Petersburg, Florida has awarded a contract to Mid Florida Armored & ATM Services, Inc. for armored collection services. The contract is for a period of three years, with an option to renew for an additional two years. The contractor will provide armored car collection services, including picking up deposits and delivering them to JP Morgan Chase. The contract includes a detailed scope of work, including the responsibilities of both the City and the contractor. The contractor must meet certain minimum qualifications, including having been in the business of providing armored collection services for at least three years, and having the ability to obtain the minimum insurance requirements. The contract also includes provisions for payment, termination, and dispute resolution. Some key points include: * The contractor will provide a single point of contact to administer the agreement * The contractor will maintain minimum qualifications as stated in the bid for the term of the agreement * The contractor will review, understand, and become familiar with the locations where service is required * The contractor will provide services for all location additions, deletions, changes, or revisions at prices stipulated in the contractor's IFB response * The contractor will be able to perform armored collection services according to the specified pick-up schedule * The contractor will ensure that all employees performing services under this agreement have met the requirements of the City and industry-approved background checks * The contractor will provide all job skills training and safety training required for its employees * The contractor will provide a transaction report to the City on a monthly basis during the first year of the agreement, and on a quarterly basis after the first year.