DOCUMENT

SPEC - Armored Car Services 1999

  • YEAR CREATED: 1999
  • ENTITY TYPE: City/Township
  • TYPE OF DOCUMENT: SPEC - Specification
This document is a specification for an armored car service contract with the City of Austin. The contract involves the transportation and delivery of parking meter coin collections from the City's parking meters to the JP Morgan Chase Bank. The City will deliver the coin collections to the Contractor's facility, where an armored carrier employee will remove the bags containing the coins and seal them. The bags will then be delivered to the bank's vault. The Contractor is not responsible for counting and sorting the coins, as this task will be done by the bank. The Contractor is required to deliver the City funds to the bank before 2:00 PM on the immediate next workday after pickup. The document also includes requirements for location changes, exceptions, documentation for pickup and delivery, acceptance criteria, and other requirements such as authorized personnel, uniforms, pickup times, invoices, subcontractors, and compliance with applicable regulations. The prospective bidder for the contract is required to demonstrate prior experience and financial capabilities, including the ability to meet all contractual obligations and payrolls. An audited financial statement may be requested from the Contractor to verify their financial capabilities.
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