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Department of Transportation Awarded a Contract to POINT SECURITY INC for $63,750.00

Signed on

6/30/2022, 12:00 AM

POINT SECURITY INC Government Contract #693JK422P500006

POINT SECURITY INC was awarded a contract with the United States Government for $63,750.00. The contract was awarded by the agency office 693JK4 OST, which is a division with the Immediate Office of the Secretary of Transportation within the Department of Transportation.

Summary of Award

The recipient of the federal contract is Point Security Inc, a U.S.-owned business located in Lexington, North Carolina. They specialize in miscellaneous alarm, signal, and security detection systems. The contract, funded by the Department of Transportation, is for a new maintenance contract for the first set of X-ray machines, totaling $51,000. Notable spending patterns include multiple transactions of $12,750 each for different modifications related to the contract.

Contract Details

Contract ID693JK422P500006
Contract TypeB
Total Obligation$51,000.00
Exercised Options$51,000.00
Base Amount + Options$63,750.00
Date Signed2022-06-30
Contract DescriptionNEW MAINTENANCE CONTRACT FOR FIRST SET OF X-RAY MACHINES
Start Date2022-06-30
End Date2026-11-30

Agency Details

Awarding AgencyDepartment of Transportation
Awarding Sub AgencyImmediate Office of the Secretary of Transportation
Awarding Office693JK4 OST
Funding AgencyDepartment of Transportation
Funding Sub AgencyImmediate Office of the Secretary of Transportation
Funding OfficeWCF OFFICE OF THE IMMEDIATE SEC.

Recipient Details

RecipientPOINT SECURITY INC
Recipient Location4264 OLD LINWOOD RD LEXINGTON NORTH CAROLINA, UNITED STATES
Business CategoriesCategory Business, Corporate Entity Not Tax Exempt, Not Designated a Small Business, Special Designations, Subchapter S Corporation, U.S.-Owned Business

Comments

Award Transactions

Transaction #P00004 | $12,750.00January 7, 2026

Immediate Office of the Secretary of Transportation, a sub agency of Department of Transportation, issued a payment of $12,750.00 to POINT SECURITY INC. The payment included a Subsidy Cost of $0.00.

Transaction #P00003 | $12,750.00April 4, 2025

Immediate Office of the Secretary of Transportation, a sub agency of Department of Transportation, issued a payment of $12,750.00 to POINT SECURITY INC. The payment included a Subsidy Cost of $0.00.

Transaction #P00002 | $12,750.00November 17, 2023

Immediate Office of the Secretary of Transportation, a sub agency of Department of Transportation, issued a payment of $12,750.00 to POINT SECURITY INC. The payment included a Subsidy Cost of $0.00.

Transaction #P00001 | $12,750.00December 6, 2022

Immediate Office of the Secretary of Transportation, a sub agency of Department of Transportation, issued a payment of $12,750.00 to POINT SECURITY INC. The payment included a Subsidy Cost of $0.00.

Transaction #0 | $0.00June 30, 2022

Immediate Office of the Secretary of Transportation, a sub agency of Department of Transportation, issued a payment of $0.00 to POINT SECURITY INC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00005 | $0.00June 26, 2026

Immediate Office of the Secretary of Transportation, a sub agency of Department of Transportation, issued a payment of $0.00 to POINT SECURITY INC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00004 | $12,750.00January 7, 2026

Immediate Office of the Secretary of Transportation, a sub agency of Department of Transportation, issued a payment of $12,750.00 to POINT SECURITY INC. The payment included a Subsidy Cost of $0.00.

Transaction #P00003 | $12,750.00April 4, 2025

Immediate Office of the Secretary of Transportation, a sub agency of Department of Transportation, issued a payment of $12,750.00 to POINT SECURITY INC. The payment included a Subsidy Cost of $0.00.

Transaction #P00002 | $12,750.00November 17, 2023

Immediate Office of the Secretary of Transportation, a sub agency of Department of Transportation, issued a payment of $12,750.00 to POINT SECURITY INC. The payment included a Subsidy Cost of $0.00.

Transaction #P00001 | $12,750.00December 6, 2022

Immediate Office of the Secretary of Transportation, a sub agency of Department of Transportation, issued a payment of $12,750.00 to POINT SECURITY INC. The payment included a Subsidy Cost of $0.00.

Transaction #0 | $0.00June 30, 2022

Immediate Office of the Secretary of Transportation, a sub agency of Department of Transportation, issued a payment of $0.00 to POINT SECURITY INC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.