FY27-29 Armored Car Services for Chicago - Invitation for Bid

Active Open Market Competitive Sealed Bidding Illinois Awarded

Contract number
27-492DOR-ACCOU-P-94371
Awardee
Davis Bancorp
Contracting organization
Account Processing
Contract amount
$298,020

Award facts

Completion date

Award details come from bidbuy.illinois.gov. Updated .

About this award

Davis Bancorp (V00006794) was awarded a three-year contract by the State of Illinois, Department of Revenue, Account Processing Division, under open market competitive sealed bidding. The contract, designated 27-492DOR-ACCOU-P-94371, is valued at $298,020.00 and runs from July 1, 2026, through June 30, 2029. The place of performance is Chicago, Illinois, serving the Chicago Operations Division.

The contract calls for armored car services to transport monies collected from various Chicago locations to deposit facilities operated by the Illinois State Treasurer's Office, with all deposits required to be completed within 24 hours of collection. The service is structured as a three-year term with annual line items: Fiscal Year 2027 at $96,420.00 (12 units at $8,035 per unit), Fiscal Year 2028 at $99,312.00 (12 units at $8,276 per unit), and Fiscal Year 2029 at $102,288.00 (12 units at $8,524 per unit). The contract specifications are detailed in the attached contract documentation.

Line items

Item Total
Fiscal Year 2027 - July 1, 2026 to June 30, 2027 - Armored Car Services for Illinois Department of Revenue - Chicago Operations Division in Chicago. Services are needed to meet the Illinois State Treasurer's Office requirements to deposit all monies collected from various Chicago locations within 24… 12 × $8,035.00 $96,420.00
Fiscal Year 2028 - July 1, 2027 to June 30, 2028 - Armored Car Services for Illinois Department of Revenue - Chicago Operations Division in Chicago. Services are needed to meet the Illinois State Treasurer's Office requirements to deposit all monies collected from various Chicago locations within 24… 12 × $8,276.00 $99,312.00
Fiscal Year 2029 - July 1, 2028 to June 30, 2029 - Armored Car Services for Illinois Department of Revenue - Chicago Operations Division in Chicago. Services are needed to meet the Illinois State Treasurer's Office requirements to deposit all monies collected from various Chicago locations within 24… 12 × $8,524.00 $102,288.00

Quick answers

Who was awarded contract 27-492DOR-ACCOU-P-94371?

Contract 27-492DOR-ACCOU-P-94371 was awarded to Davis Bancorp by Account Processing in Illinois on July 1, 2026.

How much is contract 27-492DOR-ACCOU-P-94371 worth?

Its contract amount is $298,020.

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