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  5. ›RFB ARMORED CAR SERVICES

New Jersey Turnpike Authority·New Jersey

RFB ARMORED CAR SERVICES

Closes in 6 days$2M – $5MInvitation for BidLogin required
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Description

The New Jersey Turnpike Authority is soliciting bids for statewide armored‑car services to transport cash, coins, and other valuables from all Turnpike and Garden State Parkway toll collection points to its central processing facilities. The contractor must provide fully insured armored vehicles, licensed armed staff, daily route reporting, and comply with extensive security, insurance, and equal‑employment requirements. The bid must include a 10 % bid security bond, a 100 % contract bond, and complete numerous certifications (ownership disclosure, Iran/Russia sanctions, equal‑pay, EE‑O, etc.). The contract will be awarded to the lowest responsible and responsive bidder and will include mandatory ACH payment setup and strict tax‑set‑off provisions. • Provide daily cash‑vault pickups and deliveries for over 90 toll locations across NJ. • Maintain armored‑car fleet, licensed armed personnel, and insurance coverage (minimum $4 M theft coverage, $2 M CGL, $2 M auto liability, $3 M umbrella, $4 M professional liability). • Submit extensive compliance forms (ownership, sanctions, EE‑O, affirmative action, etc.) and secure bid and contract bonds.

Attached files

Contact

Christine Noble

[email protected]

Key dates

Opened
10/13/2026
Questions due
10/19/2026
Closes
10/27/2026

Last updated

Details

Type
Invitation for Bid
Industry
Security Services
NAICS
488190
Solicitation №
RM-200081 REBID

Budget estimate

$2,000,000 – $5,000,000

The solicitation does not disclose a contract value. Based on the number of locations (≈ 100) and typical armored‑car service rates of $20‑$30 k per location per year, the annual contract could range from $2 M to $3 M, with a multi‑year term (likely 3‑5 years) pushing total award size to roughly $6 M‑$15 M. Therefore a reasonable estimate for the total contract value is between $2 M and $5 M per year, or $6 M‑$15 M over the full contract term.

AI estimate from the solicitation

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