Department of Transportation Awarded a Contract to PLATINUM BUSINESS SERVICES, LLC for $4,456,394.32

Q: Where is PLATINUM BUSINESS SERVICES, LLC located?

6517 HEATHER GLEN WAY CLARKSVILLE MARYLAND UNITED STATES

Signed on

9/27/2024, 12:00 AM

PLATINUM BUSINESS SERVICES, LLC Government Contract #693JJ424F00069N

PLATINUM BUSINESS SERVICES, LLC was awarded a contract with the United States Government for $4,456,394.32. The contract was awarded by the agency office 693JJ4 OFFICE OF ACQUISITION MGT, which is a division with the Federal Motor Carrier Safety Administration within the Department of Transportation.

Summary of Award

PLATINUM BUSINESS SERVICES, LLC, a small disadvantaged business based in Maryland, received a $4,456,394.32 contract from the Department of Transportation for IT portfolio and funds management services. Notable transactions show payments of $2,250,144.56 and $2,206,249.76 made on different dates.

Contract Details

Contract ID693JJ424F00069N

Contract TypeC

Total Obligation$4,456,394.32

Exercised Options$4,456,394.32

Base Amount + Options$4,456,394.32

Date Signed2024-09-27

Contract DescriptionIT PORTFOLIO AND FUNDS MANAGEMENT SERVICES SUPPORT CONTRACT.

Start Date2024-09-27

End Date2026-09-26

Agency Details

Awarding AgencyDepartment of Transportation

Awarding Sub AgencyFederal Motor Carrier Safety Administration

Awarding Office693JJ4 OFFICE OF ACQUISITION MGT

Funding AgencyDepartment of Transportation

Funding Sub AgencyFederal Motor Carrier Safety Administration

Funding Office693JJ4 OFFICE OF ACQUISITION MGT

Recipient Details

RecipientPLATINUM BUSINESS SERVICES, LLC

Recipient Location6517 HEATHER GLEN WAY CLARKSVILLE MARYLAND, UNITED STATES

Business Categories8(a) Program Participant, Asian Pacific American Owned Business, Category Business, Corporate Entity Not Tax Exempt, Limited Liability Corporation, Minority Owned Business, Self-Certified Small Disadvantaged Business, Service Disabled Veteran Owned Business, Small Business, Special Designations, U.S.-Owned Business, Veteran Owned Business

Comments

Award Transactions

Transaction #P00001 | $2,250,144.56August 18, 2025

Federal Motor Carrier Safety Administration, a sub agency of Department of Transportation, issued a payment of $2,250,144.56 to PLATINUM BUSINESS SERVICES, LLC. The payment included a Subsidy Cost of $0.00.

Transaction #0 | $2,206,249.76September 27, 2024

Federal Motor Carrier Safety Administration, a sub agency of Department of Transportation, issued a payment of $2,206,249.76 to PLATINUM BUSINESS SERVICES, LLC. The payment included a Subsidy Cost of $0.00.