STRATEGIC PRIORITY: Government Performance and Financial Management
AGENDA DATE: September 23, 2020
COUNCIL DISTRICT(S): All
DEPARTMENT: Office of Procurement Services
EXECUTIVE: Elizabeth Reich
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SUBJECT
Title
Authorize a five-year service price agreement for armored car services for City facilities that conduct monetary transactions for the City Controller's Office - Brink's Incorporated, only proposer - Estimated amount of $1,454,379 - Financing: General Fund ($1,179,825), Aviation Fund ($94,516), Building Inspection Fund ($65,730), Sanitation Operation Fund ($53,322), Convention and Event Services Fund ($44,415), Dallas Water Utilities Fund ($10,881), and Express Business Center Fund ($5,690)
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BACKGROUND
This action does not encumber funds; the purpose of a service price agreement is to establish firm pricing for services, for a specific term, which are ordered on an as needed basis according to annual budgetary appropriations. The estimated amount is intended as guidance rather than a cap on spending under the agreement, so that actual need combined with the amount budgeted will determine the amount spent under this agreement.
This service price agreement provides armored car services for City facilities that conduct monetary transactions as part of their daily operations for the City Controller's Office. These facilities require that money collected as part of daily transactions be accounted for and safely transported to a bank depository on the City's behalf. Currently, the City has approximately 87 locations that require armored car services including the Kay Bailey Hutchison Convention Center Dallas, recreation centers, libraries, police and fire locations.
A five-member committee from the following departments reviewed and evaluated the qualifications:
* City Controller's Office (1)
* Park & Recreation Department (1)
* Water Utilities Department (1)
* Office of ...
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