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Securities and Exchange Commission Awarded a Contract to POINT SECURITY INC for $450,598.64

Signed on

9/5/2024, 12:00 AM

POINT SECURITY INC Government Contract #50310224P0043

POINT SECURITY INC was awarded a contract with the United States Government for $450,598.64. The contract was awarded by the agency office SECURITIES AND EXCHANGE COMMISSION, which is a division with the Securities and Exchange Commission within the Securities and Exchange Commission.

Summary of Award

The recipient of the federal contract is Point Security Inc, a U.S.-Owned Business located in Lexington, North Carolina. The contract is for X-ray equipment maintenance support services for the Securities and Exchange Commission headquarters and regional offices. The contract was funded by the Securities and Exchange Commission and is worth $167,171.35. Notable transactions include a payment of $85,624.35 and an initial transaction of $81,547 for the contract.

Contract Details

Contract ID50310224P0043
Contract TypeB
Total Obligation$167,171.35
Exercised Options$167,171.35
Base Amount + Options$450,598.64
Date Signed2024-09-05
Contract DescriptionX-RAY EQUIPMENT MAINTENANCE SUPPORT SERVICES FOR THE SEC HQS AND THE REGIONAL OFFICES
Start Date2024-09-09
End Date2026-09-08

Agency Details

Awarding AgencySecurities and Exchange Commission
Awarding Sub AgencySecurities and Exchange Commission
Awarding OfficeSECURITIES AND EXCHANGE COMMISSION
Funding AgencySecurities and Exchange Commission
Funding Sub AgencySecurities and Exchange Commission
Funding OfficeSECURITIES AND EXCHANGE COMMISSION

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 #P00002$85,624.35August 6, 2025

Securities and Exchange Commission, a sub agency of Securities and Exchange Commission, issued a payment of $85,624.35 to POINT SECURITY INC. The payment included a Subsidy Cost of $0.00.

Transaction #P00001$0.00April 25, 2025

Securities and Exchange Commission, a sub agency of Securities and Exchange Commission, 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 #0$81,547.00September 5, 2024

Securities and Exchange Commission, a sub agency of Securities and Exchange Commission, issued a payment of $81,547.00 to POINT SECURITY INC. The payment included a Subsidy Cost of $0.00.