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Awarded contract·Sedgwick County·Kansas

Armored Car Services

$1MAwarded 4/12/2023Single Award
Contract source

Description

This contract opportunity called for a private contractor to provide daily armored‑car pickup and delivery services for Sedgwick County facilities, transporting cash and valuables securely to a designated bank. The work required uniformed, licensed, bonded armed guards (minimum two per vehicle) and fully armored vehicles owned by the contractor. Services were to be performed between noon and 5 p.m., with delivery to the bank by the next business day, and all pickups/deliveries documented. The solicitation was a competitive sealed‑proposal process, with a three‑year base term and two optional one‑year renewals, and required extensive insurance coverage with a BEST A‑VIII rating. No vendors submitted proposals, so the contract was not awarded. • Daily pick‑up of deposits/receipts from multiple county locations (no earlier than 12 pm, no later than 5 pm). • Delivery to a local bank by 12 pm the next business day. • Requirement for armored vehicles, two armed guards per vehicle, and detailed documentation for each transaction. • Insurance limits: $1 M general liability, $500 k workers’ comp, $500 k auto liability, $1 M umbrella, and a BEST A‑VIII rating.

Attached files

Key dates

Bids closed
3/21/2023
Intent to award
4/12/2023
Awarded
4/12/2023
Contract modified
3/14/2023
Duration
3 years

Last updated

Details

Award type
Single Award
Procurement
Full and Open Competition
Industry
Security Services
NAICS
561612
Solicitation №
23-0001

Contract value

$1,000,000

The RFP does not disclose a contract value. Sample cost proposals in the RFP range from $38,000 to $50,000, suggesting a low‑ball estimate for a single‑vendor bid. However, a county-wide armored‑car service covering multiple locations over three years would typically cost substantially more, likely in the high‑hundreds of thousands to low‑millions. Assuming an average annual operating cost of $300,000–$350,000 for personnel, vehicles, insurance, and administrative fees, a three‑year base term would be roughly $1,000,000. This estimate also accounts for the mandatory insurance coverage and the requirement for armed guards, which increase costs. Therefore, a reasonable ball‑park figure for the total contract value is about one million U.S. dollars.

AI estimate from the award documents

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