Title
Armored Car Services (Citywide) - RFP 21-097 - Amendment (Ordinance S-53020) - Citywide
Description
Request to authorize the City Manager, or the City Manager's designee, to execute an amendment to Contract 154573 with Brink's, Incorporated to extend the contract term. Further request to authorize the City Controller to disburse all funds related to this item. No additional funds are needed; request to continue using Ordinance S-47688.
Report
Summary
This contract provides armored car services for the secure transport and handling of City assets. Services include scheduled pick-ups and deliveries of sealed bank deposits from various City departments to designated financial institutions, as well as the secure movement of funds and related materials. These services are essential to maintaining the integrity of the City’s cash-handling and deposit work flows by safeguarding assets in transit and reducing risk to City staff and operations.
Contract Term
Upon approval, the contract will be extended through June 30, 2027, with no options to extend.
Financial Impact
The aggregate value of the contract will not exceed $2,000,000, and no additional funds are needed.
Concurrence/Previous Council Action
The City Council previously reviewed this request:
- Armored Car Services (Citywide) - RFP 21-097, Contract 154573 (Ordinance S-47688) on June 16, 2021.
Department
Responsible Department
This item is submitted by City Manager Ed Zuercher and the Finance Department.