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Arkansas Office of State Procurement·Arkansas

DFA Armored Car Service

Closes 7/9/2026$1.5M – $10MInvitation for Bid
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Description

The State of Arkansas is seeking bids for armored car services to provide daily pickup of funds to be transported and deposited securely to a monitored facility designated by the Department. The initial term of the contract will be for three years, with the option to renew for up to four additional one-year terms. The contractor will be responsible for providing licensed and armed security guards, maintaining a maximum liability amount of at least $250,000, and delivering funds to the Cash Vault on the same banking day that funds are received. The contractor will also be required to provide proof of deposit upon request and be responsible for all reasonable investigative fees associated with allegations of theft or loss. Some key requirements include: • Providing service daily, Monday through Friday, between 11 a.m. and 4 p.m. CST, excluding State observed holidays • Assigning a single primary account representative within ten business days of the contract start date • Minimizing stop times to eight minutes or less • Providing distinctive and appropriate uniforms for armored car staff • Maintaining reconstruction of Checks Insurance, or comparable insurance at no less than $10,000 per shipment • Delivering funds to the Cash Vault, a secured, monitored facility that is designated by the Department’s bank, on the same banking day that funds are received

Attached files

The solicitation documents live at the source — open the bid source above to download them.

Contact

Tara Hernandez(Procurement Specialist)

[email protected]

(501) 534-5042

Key dates

Opened
6/11/2026
Questions due
6/24/2026
Closes
7/9/2026
Duration
3 years

Last updated

Details

Type
Invitation for Bid
Industry
Security Services
NAICS
561612
Solicitation №
S000000523

Budget estimate

$1,500,000 – $10,000,000

The budget for this opportunity is difficult to estimate without more information about the specific services and quantities required. However, based on the requirements and the fact that the contract will be for three years with the option to renew for up to four additional one-year terms, it is likely that the budget will be in the range of $500,000 to $2 million per year, depending on the services provided and the number of locations served. The total budget over the life of the contract could be in the range of $1.5 million to $10 million, assuming a three-year initial term and two additional one-year renewals. Factors that may influence the likely payment range include the number of locations served, the frequency of pickups, and the level of security required.

AI estimate from the solicitation

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