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City of Colorado Springs·Colorado

Armored Car Services

Closes 7/1/2026$500k – $4MRequest for Proposal
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Description

The City of Colorado Springs is seeking a qualified armored‑car provider to handle secure pickup, transport, and delivery of cash, coins, checks, securities, and other valuables for a multi‑year, fixed‑unit‑price contract. The contractor must operate sealed containers, meet strict value‑limit liability thresholds, and adhere to a detailed schedule covering dozens of municipal sites with on‑call 24‑hour pickups. The contract includes a base year plus up to four optional extensions, with performance beginning September 1 2026. Key points: • Provide armored‑car services (pick‑up, transport, delivery) for cash, coins, checks, securities, and other valuables, using sealed containers only. • Service schedule includes multiple weekly pickups at various city facilities, on‑call pickups within 24 hours, and no service on listed city holidays. • Fixed‑unit‑price contract (up to five year base + options), with liability coverage limits ($200k cash per container for certain sites, $1M total value per container). • Mandatory electronic submission via BidNet Direct; pre‑proposal conference (optional) on June 11 2026; questions due June 18 2026; final proposal due July 1 2026.

Attached files

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

Contact

Mike Zeller(Contracting Specialist)

[email protected]

Key dates

Opened
6/3/2026
Questions due
6/18/2026
Pre-bid meeting
6/11/2026
Closes
7/1/2026
Projected award
7/1/2026
Duration
5 years

Last updated

Details

Type
Request for Proposal
Industry
Security Services
NAICS
562920
Solicitation №
R26-044MZ

Budget estimate

$500,000 – $4,000,000

The solicitation does not disclose a concrete budget, using placeholders for “Not‑to‑Exceed” amounts. Based on the extensive schedule (multiple weekly pickups across dozens of sites), high liability limits ($200 k cash per container for some sites), and the expectation of an all‑inclusive price, a realistic annual contract value could range from $500 k for a lean operation to $4 M for a fully staffed, high‑security provider. Over the five‑year potential term, total earnings could therefore fall between roughly $2.5 M and $20 M, depending on the bidder’s cost structure and the number of option years exercised.

AI estimate from the solicitation

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