TO: BOARD OF SUPERVISORS
FROM: Auditor-Controller Treasurer-Tax Collector
MEETING DATE: June 25, 2024
DEPARTMENT CONTACT:
Sara Pierce
PHONE:
707-463-4441
DEPARTMENT CONTACT:
Cheyanne Gordan
PHONE:
707-234-6875
ITEM TYPE: Consent Agenda
TIME ALLOCATED FOR ITEM: N/A
AGENDA TITLE:
title
Approval of Agreement with BRINKS Inc. in the Amount of $20,148.60 Annually, for Armored Car Cash Transportation Services, Effective July 1, 2024, and Automatically Renewing until Termination of Agreement
End
RECOMMENDED ACTION/MOTION:
recommendation
Approve Agreement with BRINKS Inc. in the amount of $20,148.60 annually, for armored car cash transportation services, effective July 1, 2024, and automatically renewing until termination of Agreement; and authorize Chair to sign same.
End
PREVIOUS BOARD/BOARD COMMITTEE ACTIONS:
None.
SUMMARY OF REQUEST:
The Office of the Auditor-Controller Treasurer-Tax Collector requires armored car transport services and a contract for the pickup and transportation of moneys received by the Treasury under California Government Code 53639.
The Office of the Auditor-Controller Treasurer-Tax Collector requests approval of the Agreement with Brinks Inc to provide armored car cash transportation services, also known as "Cash In Transit" by the Contractor, for the deposit of Treasury funds effective July 1, 2024 and automatically renewing until termination of agreement.
The Contractor, Brinks Inc, has been providing services for the County Treasury as specified by California Government Code 53639 for over 30 years with no issues, loss, or service failures. This service has been found to be specifically built out to the needs of the County Treasury, and this Contractor is uniquely qualified to work as an intermediary between the Treasury and our depository.
Under California Government Code 53684 the actual costs incurred by this agreement are deducted from the interest earned in the Treasury investment pool. There is...
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