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  5. ›Invitation for Bid EUPD91226 Cash Courier Services

Awarded contract·California State Controller·California

Invitation for Bid EUPD91226 Cash Courier Services

Won by Courier Solutions Services, LLC$100kAwarded 7/9/2026Single Award
Contract source

Awarded vendors

  • Courier Solutions Services, LLC

Description

The California State Controller’s Office is procuring cash and check courier services for its Unclaimed Property Division. The contractor will perform scheduled weekly pickups of sealed deposit bags from the State Controller’s Sacramento office and deliver them to a Bank of America branch for same‑day deposit, plus additional on‑call pickups as needed. The contract is a three‑year, fixed‑rate agreement with an estimated 52 scheduled and 10 on‑call deposits per year. The award will be made to a single vendor, Courier Solutions Services, LLC, after a competitive IFB process that closed on June 26 2026. Key points: • Scope: secure cash/check transport, weekly and on‑call, with strict security and reporting requirements. • Eligibility: at least 2 years in business and $100 k daily cash transport experience, CDL‑qualified driver, required insurance and background checks. • Contract terms: 3‑year base period, rates fixed, options to amend scope, no explicit renewal provision.

Attached files

Key dates

Questions due
6/12/2026
Bids closed
7/9/2026
Intent to award
7/9/2026
Awarded
7/9/2026
Contract modified
6/17/2026
Starts
9/5/2026
Ends
9/4/2029
Duration
3 years

Last updated

Details

Award type
Single Award
Procurement
Full and Open Competition
Solicitation
Invitation for Bid
Industry
Security Services
NAICS
488990
Solicitation №
EUPD91226

Contract value

$100,000

The IFB does not disclose a contract ceiling. Based on the estimated 52 scheduled deposits plus 10 on‑call deposits per year, a typical per‑run fee for secure cash transport ranges from $200–$500. Assuming an average of $350 per run yields roughly $31,200 per year (62 runs × $350). Over the three‑year base period, the contract value would be about $93,600. Adding modest inflation and optional services could bring the total near $100,000. Therefore a reasonable ball‑park estimate is roughly $100 k for the three‑year term.

AI estimate from the award documents

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