Worth Higgins Declining Balance PO

Worth Higgins & Associates Inc. was awarded a contract by Virginia Commonwealth University on August 12, 2026, under contract number A236_P0203053-V2. The contract encompasses a declining balance purchase order arrangement with a cumulative value of $243,317.47. The line item indicates a single deliverable designated as "Worth Higgins Declining Balance PO," with delivery directed to VCU Procurement. The unit price for this line item is $243,317.47.

Based on the contract structure and documentation, this appears to be a master purchase order or blanket order arrangement with Worth Higgins & Associates Inc. serving as the prime contractor. The declining balance mechanism suggests this contract functions as a flexible funding arrangement whereby services or products are drawn down against the total authorized amount. While specific details regarding the scope of services, period of performance, and place of performance beyond the VCU Procurement office are not explicitly detailed in the provided documentation, the contract award represents a commitment by Virginia Commonwealth University to procure services or products from the awardee through this standing purchase order mechanism.