Invitation for Bid EUPD91126 Cash Courier Services

The California State Controller's Office is requesting bids for cash and check courier services for its Unclaimed Property Division, with bids due June 26, 2026 at 2:00 p.m. Pacific Time and cost opening scheduled for July 1, 2026.

A Small Business Preference Program allowing a five percent reduction (up to $50,000) and a Disabled Veteran Business Enterprise Incentive (up to five percent) are available to eligible bidders.

The scope includes regularly scheduled twice-weekly bank deposits and on-call deposit services. The contractor will pick up cash and checks from UPD's Sacramento location, transport them to Bank of America branches in the Greater Sacramento Area, and deliver deposits same-day with receipt confirmation. Services are required during normal business hours (Monday through Friday, 8:00 a.m. to 5:00 p.m. Pacific Time), excluding state holidays. The estimated scope is 52 scheduled deposits and 10 on-call deposits annually.

Mandatory minimum qualifications require at least two years of business experience transporting cash and checks, demonstrated handling of a minimum of $100,000 per daily service on a regular basis for one year, and courier staff possessing a valid California Driver's License. Background checks via Live Scan fingerprinting are required for all courier staff prior to work commencement. The contractor must maintain commercial general liability insurance ($1 million per occurrence, $2 million aggregate), workers' compensation insurance, automobile liability ($1 million), and crime insurance ($100,000 minimum, with $250,000 required for deposit transportation). The contractor is responsible for all licenses, permits, vehicle registration, and robbery prevention training.

The agreement term is three years with options to add or remove service locations and adjust quantities. Award will be made to the lowest responsive and responsible bidder based on total cost. The proposed award date is July 9, 2026, with an estimated agreement start date of September 5, 2026. Questions are due June 12, 2026.