STRATEGIC PRIORITY: Government Performance and Financial Management
AGENDA DATE: April 14, 2021
COUNCIL DISTRICT(S): All
DEPARTMENT: Office of Procurement Services
EXECUTIVE: Elizabeth Reich
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SUBJECT
Title
Authorize (1) Supplemental Agreement No. 1 to add armored car services to the service contract for bank depository services with Bank of America, N.A. through an Interlocal Agreement with Dallas County, Texas for a term of forty months - Not to exceed $1,600,000, from $7,293,185 to $8,893,185; and (2) the ratification of $437,342 for the City Controller's Office to pay outstanding invoices for citywide armored car services for City facilities to Brink's Incorporated, formerly known as Dunbar Armored, Inc. - Total amount not to exceed $2,037,342 - Financing: General Fund ($1,684,163.00), Aviation Fund ($118,694), Building Inspection Fund ($77,914), Sanitation Operation Fund ($63,655), Convention and Event Services Fund ($52,200), Dallas Water Utilities Fund ($32,650), and Express Business Center Fund ($8,066) (subject to annual appropriations)
Body
BACKGROUND
This action does not encumber funds; the purpose of a service contract is to establish firm pricing for services, for a specific term, which are ordered on an as needed basis.
This service contract 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 88 locations that require armored car services including the Kay Bailey Hutchison Convention Center Dallas, recreation centers, libraries, police and fire locations.
The ratification amount of this agenda item allows for the issuance of payment to Brinks Incorporated, formerly known as Dunbar...
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