Declining Balance PO

Virginia Commonwealth University awarded a contract to Airgas USA LLC on August 10, 2026, for the provision of supplies and services under a declining balance purchase order arrangement. The contract, identified as A236_P0288614-V2, is valued at approximately $24.00 and is to be delivered to VCU Procurement. The contract structure indicates a single line item with a unit price of $24.80 per unit, though the specific nature of the supplies or services procured is not detailed in the available documentation.

The award represents a procurement by Virginia Commonwealth University, a state organization within Virginia. While the contract documentation does not explicitly specify a performance period or geographic location beyond the delivery point to VCU Procurement, the declining balance purchase order mechanism suggests an ongoing arrangement whereby services or supplies may be drawn down against the contract value as needed. The minimal cumulative value of this award indicates either a limited scope engagement or a pilot procurement arrangement with the contractor.