The contract is for Armored Car Services to provide safe, secure, and timely pickup and delivery of cash, bank deposits, and change orders to and from various Collin County locations. The selected contractor will be required to securely transfer cash, checks, and coin deposits to the County's designated banking institution, up to five times per week. The contractor must provide armored vehicles, licensed and trained personnel, and relevant technology to meet the County's requirements. The contract has a term of three years, with the option to renew for two additional 12-month periods. The estimated annual expenditure is $300,000.
• The contractor must provide delivery services within specified delivery times for 95% of deliveries.
• The contractor must pick up deposits consisting of cash, checks, and/or other check instruments in designated financial institutions' tamper-evident bags from designated County locations at the times specified.
• The contractor must guarantee safe delivery of all bank deposits placed in authorized contractor personnel's possession by the County, unopened and untampered, to the designated financial institution/vault.
• The contractor must maintain necessary State of Texas bonding, insurance, and registration requirements.
• The contractor must have a dedicated account representative and provide efficient and accurate invoicing and payment reporting.