Declining Balance PO Contract for 2025 VCU Provos

WittKieffer Inc has been awarded a declining balance purchase order contract by Virginia Commonwealth University (VCU) with a cumulative contract value of $264,851.97. The contract, designated A236_P0282518-V3, was awarded on June 18, 2026, and is structured as a blanket purchase order mechanism for fiscal year 2025 services supporting VCU's Provost office operations. The procurement is managed through VCU Procurement and will be performed at the Virginia Commonwealth University location in Virginia.

The contract scope encompasses general services to be delivered under a declining balance purchase order structure, whereby funds are consumed as services are rendered against the established contract ceiling. While specific service categories are not detailed in the available contract documentation, the engagement with the Provost office suggests support services related to senior academic administration and institutional operations. The declining balance contracting method allows VCU to access services on an as-needed basis throughout the contract period while maintaining budget control through the fixed cumulative authorization amount.