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  5. ›RQ6608 - RFP - ARMED GUARD & ARMORED TRUCK SERVICE

Awarded contract·Cuyahoga County·Ohio

RQ6608 - RFP - ARMED GUARD & ARMORED TRUCK SERVICE

$4MSingle Award
Contract source

Description

This contract calls for a private security firm to provide armed guard and armored‑truck services for the movement of cash, checks, and other negotiable items for all Cuyahoga County departments, agencies, and elected officials. The work includes staffing each truck with a driver and a guard, adhering to a detailed pickup and delivery schedule (see Exhibit A), handling no‑service days (Sundays and County holidays), and providing comprehensive insurance coverage that meets or exceeds the liability of the largest deposit at each site. The vendor must also maintain a customer‑service structure, submit detailed invoicing controls, and satisfy a County‑specified diversity goal without subcontracting (except to meet that goal). The contract runs for three years beginning 1 Jan 2022 and ending 31 Dec 2025, with a mandatory 90‑day proposal validity and a requirement that the winning vendor deliver a signed contract within 14 days of award. • Provide armed‑guard‑staffed armored‑truck transportation for cash handling across multiple County locations. • Must meet stringent insurance limits ($1 M per occurrence/aggregate, $1 M auto liability) and indemnify the County. • Evaluation heavily weighted toward detailed, firm pricing (40 pts) and vendor qualifications (40 pts total).

Attached files

Key dates

Bids closed
6/17/2021
Starts
1/1/2022
Ends
12/31/2025
Duration
4 years

Last updated

Details

Award type
Single Award
Procurement
Full and Open Competition
Industry
Security Services
NAICS
561210
Solicitation №
1167

Contract value

$4,000,000

The solicitation does not disclose the total contract value. Typical armored‑cash‑transport contracts for a large county with dozens of sites range from $1 million to $2 million per year, based on the number of pickups, the value of cash moved, and the required insurance coverage. Assuming an average of 250 pickups per year at an estimated $4,000‑$6,000 per pickup (including guard labor, vehicle operation, and insurance overlays), the annual spend would be roughly $1.0‑$1.5 million. Over the three‑year term this suggests a contract value in the $3 million‑$4.5 million range. Selecting a mid‑point yields an estimated contract value of approximately $4 million.

AI estimate from the award documents

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