Title
Resolution authorizing a contract with Davis Bancorp, of Chicago, Illinois, for Armored Car Services in the estimated annual amount of $78,280, with renewal options.
Staff Summary
• The current contract for Armored Car Services expires on April 14, 2025, with no options for renewal.
• Armored car services are provided for the county departments that collect payments in cash.
• The County received two bids, one in the amount of $78,280, another bid was received and deemed non-responsive.
• Davis Bancorp, Chicago, Illinois, is the lowest responsible and responsive bidder in the estimated annual amount of $78,280.
• This resolution authorizes a two-year contract with Davis Bancorp, Chicago, Illinois, with three one-year renewals for an estimated annual amount of $78,280.
Body
RESOLUTION
WHEREAS, there is a need to enter into a contract for Armored Car Services for the Lake County Treasurer; and
WHEREAS, in accordance with the Lake County Purchasing Ordinance, proposals were called for by publication for Armored Car Services for various Lake County departments; and
WHEREAS, electronic bids were received from two vendors and publicly opened on January 24, 2025, at 11:00 a.m.; and
WHEREAS, based on the criteria set forth in the bid, the staff evaluated all bids submitted and determined that the bid submitted by Davis Bancorp, Chicago, Illinois, in the amount of $78,280 is the lowest responsible and responsive bidder for the Lake County Treasurer.
NOW, THEREFORE, BE IT RESOLVED, by this County Board of Lake County, Illinois, that the Purchasing Agent is authorized to enter into a contract with Davis Bancorp, Chicago, Illinois, for Armored Car Services for the Lake County Treasurer in the estimated annual amount of $78,280.
DATED at Waukegan, Illinois, on March 11, 2025.