TO: AC Transit Board of Directors
FROM: Salvador Llamas, General Manager/Chief Executive Officer
SUBJECT: Extension of Cash Revenue Service Contract
ACTION ITEM
AGENDA PLANNING REQUEST: ?
RECOMMENDED ACTION(S):
Title
Consider authorizing the General Manager to enter into a contract extension with Brink's U.S., a division of Brink's Incorporated, for up to an additional nine (9) months for cash revenue collection services from July 1, 2025 through March 31, 2026.
Staff Contact:
Chris Andrichak, Chief Financial Officer
Body
STRATEGIC IMPORTANCE:
Goal - Financial Stability and Resiliency
Initiative - Financial Efficiency and Revenue Maximization
Continued efficient collection and deposit of cash revenues is critical to the District's overall business operations.
BUDGETARY/FISCAL IMPACT:
The estimated value of the contract extension from July 1, 2025, through March 31, 2026, is approximately $480,820. The funding is included in the District's Operating Budget.
BACKGROUND/RATIONALE:
Under the current Contract 2019-1462, as amended, Brink's provides the District with consolidated armored car transportation services and processing of the District's cash fare revenue. In connection with the performance of services under the Contract, Brink's is required to use armored vault transfer vehicles to pick up and transport daily transit cash fare revenue and to provide complete money processing services. Staff has been analyzing the current process, as related to the Scope of Services, and working with Brink's to identify potential cost-saving measures, including changes to the frequency of cash revenue pickups.
The current contract extension (2019-1462 A1) expired on June 30, 2025. Staff started the process for a second amendment while also continuing work on a new solicitation at the end of 2024. Brink's did not respond in a timely fashion to repeated requests starting in December 2024 to negotiate terms and for review of draft documents of the secon...
Click here for full text