Declining Balance PO

Virginia Commonwealth University awarded a contract to Airgas USA LLC on August 12, 2026, for the provision of a declining balance purchase order. The contract, identified as A236_P0288611-V2, carries a cumulative value of $2,626.14. The point of delivery is VCU Procurement, indicating performance within Virginia. Airgas USA LLC, as the prime contractor, will supply materials or services under this declining balance arrangement, a purchasing mechanism that allows the organization to draw down funds as products or services are consumed or delivered.

The contract represents a single line item transaction with a unit price of $2,626.14. While specific details regarding the nature of the products or services, duration of performance, or annual value are not delineated in the available documentation, the declining balance structure suggests an ongoing supply arrangement whereby Virginia Commonwealth University will utilize funds incrementally based on actual consumption or delivery requirements. The contract award reflects the University's procurement activity within the Commonwealth of Virginia.