Declining Balance PO

Covetrus North America was awarded a contract by Virginia Commonwealth University on August 12, 2026, for a declining balance purchase order arrangement. The contract is valued at $3,327.49 and involves a single line item with a unit price of $3,327.49 per unit. The deliverable location is designated as VCU Procurement, indicating performance of services or delivery of goods to Virginia Commonwealth University's procurement operations.

The contract represents a declining balance purchase order structure, a procurement mechanism that allows for the utilization of funds on an as-needed basis until the total contract value is exhausted. No specific period of performance, annual value breakdown, or detailed product/service specifications are provided in the available contract documentation. The contract is classified under Virginia state contracting and is managed through Virginia Commonwealth University's procurement function.