Department of the Treasury Awarded a Contract to POINT SECURITY INC for $4,000,000.00

Q: Where is POINT SECURITY INC located?

5815 NC HWY 8 LEXINGTON NORTH CAROLINA UNITED STATES

Signed on

2/23/2022, 12:00 AM

POINT SECURITY INC Government Contract #2031JG22D00003

POINT SECURITY INC was awarded a contract with the United States Government for $4,000,000.00. The contract was awarded by the agency office US MINT HEADQUARTERS, which is a division with the United States Mint within the Department of the Treasury.

Summary of Award

The recipient of the federal contract is Point Security Inc, a small business based in Lexington, North Carolina. The contract, funded by the Department of the Treasury through the United States Mint, is for X-ray machine equipment and maintenance services, with a total value of $4,000,000. Notable details include the use of full and open competition in the procurement process and that the recipient is a U.S.-owned business specializing in electronic and precision equipment repair and maintenance.

Contract Details

Contract ID2031JG22D00003

Contract TypeIDV_B_B

Total Obligation$0.00

Exercised Options

Base Amount + Options$4,000,000.00

Date Signed2022-02-23

Contract DescriptionUNITED STATES MINT X-RAY MACHINE EQUIPMENT AND MAINTENANCE & SERVICE AGREEMENT IF ALL OPTIONS ARE EXERCISED THE TOTAL VALUE OF THIS CONTRACT SHALL NOT EXCEED $4,000,000.00

Start Date2022-02-23

End Date2027-02-18

Agency Details

Awarding AgencyDepartment of the Treasury

Awarding Sub AgencyUnited States Mint

Awarding OfficeUS MINT HEADQUARTERS

Funding AgencyDepartment of the Treasury

Funding Sub AgencyUnited States Mint

Funding OfficeUS MINT HEADQUARTERS

Recipient Details

RecipientPOINT SECURITY INC

Recipient Location5815 NC HWY 8 LEXINGTON NORTH CAROLINA, UNITED STATES

Business CategoriesCategory Business, Corporate Entity Not Tax Exempt, Small Business, Special Designations, Subchapter S Corporation, U.S.-Owned Business