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Awarded contract·Cleveland Metroparks·Ohio

Cash Logistics

Won by Loomis Armored US, LLC$364kSingle Award
Contract source

Awarded vendors

  • Loomis Armored US, LLC

Description

This contract is for cash logistics services, including smart safe equipment leasing, maintenance, servicing, depository bank integration, and online access to safe status and activity. The contract was awarded to Loomis Armored US, LLC for a five-year period beginning October 1, 2025, with an option to renew for up to five additional years. The estimated cost is $6,061 per month, subject to change depending on Cleveland Metroparks' cash logistics needs. Key aspects of the contract include: • User-friendly hardware and software • Nationwide experience • Reputation for superior client support • Sophistication of security and administrative software platforms • Positive interactions with Cleveland Metroparks over the past five years

Attached files

Key dates

Starts
10/1/2025
Ends
9/30/2030Renews
Duration
5 years

Last updated

Details

Award type
Single Award
Procurement
Full and Open Competition
Industry
Security Services
NAICS
561612
Solicitation №
6967

Contract value

$363,660

The estimated cost of the contract is $6,061 per month. To calculate the total value of the contract, we can multiply the monthly cost by the number of months in the contract period. The contract period is 5 years, which is approximately 60 months. Therefore, the total value of the contract is $6,061 per month x 60 months = $363,660. However, the contract also has an option to renew for up to five additional years, which would add another 60 months to the contract period. Assuming the same monthly cost, the total value of the contract with the renewal option would be $6,061 per month x 120 months = $727,320.

AI estimate from the award documents

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