The linkage to the Strategic Plan is subsection: 1.5 Stimulate economic growth through transit and bridge integration. Award Summary: The award of Solicitation 2024-0183 Armored Car Services to Trans America Protection Corporation, for an initial term of three (3) years for an estimated amount of $234,000.00. The award also includes a two (2) year option for an estimated amount of $156,000.00. The total contract time is for five (5) years for a total estimated amount of $390,000.00. This contract will provide transportation of monies between three International Bridges and the bank. Contract Variance: The difference based in comparison to the previous contract is as follows: An increase of $72,000.00 for the initial term, which represents a 44.44% increase due to current market prices. Department: International Bridges Award to: Trans America Protection Corporation City & State: El Paso, TX Item(s): All Initial Term: 3 Years Option Term: 2 Years Total Contract Time: 5 Years Annual Estimated Award: $78,000.00 Initial Term Estimated Award: $234,000.00 Option Term Estimated Award: $156,000.00 Total Estimated Award $390,000.00 Account(s) 522120-564-3300-64830 Funding Source(s): International Bridges Operations District(s): All Districts This was a Best Value Procurement - service contract. The Purchasing & Strategic Sourcing Department and International Bridges Department recommend award as indicated to Trans America Protection Corporation highest ranked bidder based on the evaluation criteria for this solicitation. It is requested that the City Manager be authorized to establish the funding sources and make any necessary budget transfers and execute any and all documents necessary for execution of this award. In accordance with this award, the City Manager or designee is authorized to exercise future options if needed.

Best Value Procurement Agenda Ready Introduced May 7, 2024

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