This bid was prepared at the request of the Budget and Cash Management Department to establish fixed pricing for armored car service. Award of this contract shall be to the lowest bidder for the per site pick-up and deposit fee, as specified in the bid. This recommendation has been reviewed by the Manager of Services and Support, Budget Department. A more detailed review of specifications can be obtained by contacting the Procurement Department.

The initial term of this contract will be for a one-year period, with four one-year renewals, subject to negotiations and mutual agreement. The Superintendent is authorized to approve the renewal agreement, per the terms of the specifications.

* Align financial resources to support the district’s strategic goals, * Demonstrate best financial practices

Funds of approximately $275,000 will be available in the Budget and Cash Management Department budget, as needed. Hillsborough County Public Schools will save approximately $54,000 over the previous year's spend for armored car service due to the reduction in the fee.

Contract administration or evaluation is performed by the Project Manager (end user) and Procurement Officer, who function as a team. Reviews are conducted face to face, typically quarterly, or by utilizing an online vendor performance report. Prior to soliciting a new contract, the Contract Administration team must first give consideration to the specifications and supporting data of the expiring contract.