Current Report · Items 1.02, 8.01 · 8-K
Ameriguard Security Services, Inc.
AGSSOTCEQUITYCurrent
Termination of a Material Definitive Agreement · Other Events
Item 1.02 Termination of a Material Definitive Agreement
Company context
Current securities
Historical securities (1)
Disclosure sections
Item 1.02Item 1.02 - Termination of Material Agreement
Item 1.02 Termination of a Material Definitive Agreement
Item 8.01Item 8.01 - Other Events
Item 8.01 Other Events
On April 8, 2026, Ameriguard Security Services Inc. (AGSS), received an
email from the Department of Veterans Affairs Regional Procurement Office West, located in Pheonix AZ that the Veterans Affairs Long Beach
CA contract was not awarded to TransportUS Inc. (TUS) a subsidiary of AGSS. The contract had been managed by TUS for 7.5 years and provided
approximately $9 Million in annual revenues. This is approximately 58% loss of total revenue projected to be earned in 2026.
The contract was awarded to a California Corporation with a 3.5-year term,
representing a total contract award of $20,928,228. The process of transitioning the contract from TUS to the new contractor will take
place during April 2026. This award to the new contractor is a part of the normal contract business operations and although significant
to TUS, is not unusual in the industry. TUS continues to bid on other transportation contracts of equal value. The Federal Contracting
process allows for participating companies to protest the award due to mishandling by the Department of Veterans. Based on information
learned after the contract award, TUS plans to protest the award.
TUS continues to manage two contracts in southern California with total
revenues of approximately $3.8 million per year.