Declining Balance PO

Virginia Commonwealth University awarded a contract to Airgas USA LLC on August 12, 2026, for a declining balance purchase order arrangement. The contract, identified as A236_P0288616-V2, is valued at $1,700.37 in cumulative contract value. The contracting organization is Virginia Commonwealth University, with delivery directed to VCU Procurement.

The line item under this contract specifies a single declining balance purchase order, with a unit price of $1,700.37. This arrangement provides Virginia Commonwealth University with a flexible procurement mechanism allowing for withdrawals against the established balance. The declining balance structure enables the university to access goods or services on an as-needed basis until the total contract value is consumed. No specific period of performance dates or geographic performance location beyond the delivery point to VCU Procurement has been specified in the available contract documentation.