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City of Port St. Lucie·Florida

Armored Car Services

Closes 11/4/2026$800k – $1.3MInvitation for Bid
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Description

The City of Port St. Lucie is seeking one or more qualified contractors to provide full‑service armored‑car cash‑in‑transit operations. The contractor will pick up cash and other funds from six municipal locations (City Hall A & B, MidFlorida Event Center, PSL Community Center, Minsky Gym, Saints Golf Course) three days per week (Monday, Wednesday, Friday) and deliver them to the City’s designated bank (Bank of America) within a 9 am‑2 pm window. Services include secure collection, chain‑of‑custody documentation, next‑business‑day deposit confirmation, and optional cash‑for‑cash change‑order and non‑routine Miami bank pickups. The contract is for an initial two‑year term with up to three one‑year renewal options, and the contractor must provide its own armored vehicles, trained personnel, insurance, and compliance with all city security protocols. • Six fixed pickup locations, three days per week (≈ 18 pickups/week) • Service window 9 am‑2 pm, next‑day deposit required • Mandatory chain‑of‑custody logs and proof of deposit • Optional cash‑for‑cash change‑order service (as‑needed) • Optional non‑routine Miami bank pickup (as‑needed) • Initial term 2 years, with three 1‑year renewal options • Contractor must maintain all insurance, bonding, and licensing requirements • Submission deadline November 4, 2026, 2:30 pm via OpenGov portal

Attached files

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

Contact

Jennifer L'Heureux(Procurement Contracting Officer I)

[email protected]

(772) 344-4390

Key dates

Opened
10/14/2026
Questions due
10/21/2026
Closes
11/4/2026
Duration
2 years

Last updated

Details

Type
Invitation for Bid
Industry
Transportation and Public Transit
NAICS
561110
Solicitation №
20270026

Budget estimate

$800,000 – $1,300,000

The solicitation does not disclose a contract value. Based on six locations, three pickups per week, and an industry‑typical rate of $450‑$600 per pickup, annual revenue would range from roughly $420,000 to $560,000. Over the base two‑year term that yields $840,000‑$1,120,000. Additional revenue could be generated from on‑demand cash‑for‑cash change‑order and Miami‑bank pickups, pushing the high‑end estimate toward $1.3 million. Therefore a reasonable expected budget range is approximately $800,000 to $1,300,000 for the initial contract period.

AI estimate from the solicitation

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