FY24 Armored Car Service for Chicago Operations

The State of Illinois is seeking to establish a service contract for Fiscal Year 2024 for Armored Car Services to support the operations of the Illinois Department of Revenue (IDOR) in Chicago. The selected vendor will be responsible for providing daily armored car pickup service at various locations in Chicago to deposit all monies collected, excluding Sundays and State holidays. The vendor must have at least five years of armored car service experience, provide armored car service security, guarantee delivery to the designated bank by 3:00 PM the same business day for Monday through Friday pickups and by 9:00 AM the next business day for Saturday pickups, and meet other specific requirements. The contract term is for one year, from July 1, 2023 to June 30, 2024, with no renewal options. Pricing shall be submitted through the State's BidBuy system, and the State will not pay any special fees, materials, supplies, or repairs. The vendor will be liable for any loss of currency or checks up to $100,000 per shipment, and subcontractors are not allowed.

This contract opportunity is open to all vendors across the state of Illinois, with the primary jurisdictions being Cook County and the City of Chicago. The State has designated this as a small business set-aside contract, meaning that a small business awarded the contract may subcontract no more than 49% of the contract value to a non-registered small business. The total payments under this contract shall not exceed a maximum amount to be determined by the State, and the State reserves the right to terminate the contract immediately for cause or with 30 days' notice for convenience.