GovChime
UEI: LVN9UVW32DM5 • CAGE: 8CK18

BAILOUT SYSTEMS, INC (KY)

Registration facts

SAM.gov registration as of

SAM.gov registration
Active
Registration expiration date Dec 12, 2026

Registration

Entity structure
Corporate Entity (Not Tax Exempt)
Business start date
Feb 26, 2018 (8 years)
Location
Covington, KY
State of incorporation
Delaware

Source: SAM.gov entity registration and FPDS contract actions recorded under UEI LVN9UVW32DM5. GovChime does not check exclusions.

Performance

Capabilities

NAICS codes

Small: small business for that NAICS, self-certified in SAM.gov registration.

SBA certifications

No certification in the SBA profile data.

Product and service codes (PSC)

  • 4240Other Services/Supplies

Federal Capability Statement

Innovative safety device company specializing in hands free descent equipment for military, fire and construction applications. Device allows user to rappel or descend from aircraft or elevated position without the use of their hands.

Capabilities & Services

fall safety
self rescue
safety equipment
safety device
hands free descent
fast rope
helicopter casting
SPIE
rappel
rappelling

Contracts

Contact Info

As of . Source: SAM.gov Points of Contact.

SAM.gov registration for BAILOUT SYSTEMS, INC lists a physical address and a separate mailing address, along with 3 verified points of contact. Past Performance contacts are the recommended outreach channel for due-diligence references; Government Business contacts handle procurement-facing correspondence.

Source: SAM.gov entity registration. Contacts displaying numeric or placeholder names have been filtered (defense-in-depth).

Physical Address

437 W 6TH ST #637

COVINGTON, KY, 41011

USA

Mailing Address

437 W 6TH ST #637

COVINGTON, KY, 41011

USA

Government Business Contact

MICHAEL A RAGSDALE

CEO

437 W 6TH STREET

#637

COVINGTON, KY, 41011

USA

Electronic Business Contact

Michael A Ragsdale

CEO

437 W 6TH Street

#637

Covington, KY, 41011

USA

Government Business Alternate Contact

MICHAEL A RAGSDALE

CEO

437 W 6TH STREET

#637

COVINGTON, KY, 41011

USA

Additional Details

As of . Source: SAM.gov Entity Registration.

BAILOUT SYSTEMS, INC has no active federal suspension or debarment on record in SAM.gov. Current SAM.gov registration expires December 12, 2026.

Source: SAM.gov entity registration (FAR responses, registration status). Always verify active exclusions against the authoritative record on SAM.gov before contract award.

Compliance & Risk Assessment

Source: SAM.gov FAR responses

Suspension/Debarment Status

SAM.gov registration reports no active exclusion

Public Display

Entity information is publicly displayed

Disaster Relief Registry

Registered for disaster relief contracting — Nationwide

Bonding Information

No bonding information provided

EDI

Not declared in SAM.gov

Business Structure

Source: SAM.gov
Profit Structure:For Profit Organization

Registration Details

Source: SAM.gov

Initial Registration

Jul 10, 2019

Last Update

Dec 16, 2025

Registration Activation

Active — Dec 16, 2025

Fiscal Year End

1231

Country of Incorporation

USA

Congressional District

04