Bid Alert No: 00002779512
Bid Title: Request for Proposals (RFP) to furnish the pickup, processing and deposit of CTAs bulk currency for a period of three years with two one-year options.
Agency Bid No. Title: B21OP03759
Received Date: 10/13/2021
Close Date: 12/14/2021
Purchase Type: Term:
Delivery Point: Chicago, Illinois
Delivery Date: Not Stated
Special Notices: Questions Due By 10/21/2021 04:30 PM, Bidder Preregistration
Specifications include, but are not limited to: The Chicago Transit Authority is seeking proposals from qualified firms to furnish the necessarypersonnel, material, and equipment to pick up, process, and deposit CTAs bulk currency. The firmwill furnish, at its own expense, all required licenses, permits, and authorizations necessary toperform the services required under this contract. Revenue is received in mixed bulk fashion,mostly $1 bills. The currency must be unfolded, straightened, faced, and bundled for depositaccording to Federal Reserve standards. The service provided by the Consultant will include all ofthe components necessary for the Consultant to pick up, receive, process, deposit, and report onCTA revenues. Consultant will have in place appropriate security measures and internal controlsto safeguard the CTAs revenue.
Product Code: 94625
Issuing Agency: Chicago Transit Authority
Agency Type: State and Local
Contact: Patrick McKenna, Bid Office 567 W. Lake Street, Chicago, Illinois, 60661