Declining Balance PO

Airgas USA LLC was awarded a contract by Virginia Commonwealth University (VCU) on August 12, 2026, with a cumulative contract value of $3,580.51. The contract is identified as A236_P0288630-V2 and involves the provision of products or services under a declining balance purchase order mechanism. The single line item specifies delivery to VCU Procurement at a unit price of $3,580.51 per each.

The contract represents a declining balance purchase order arrangement, a procurement vehicle that allows the organization to draw down against a pre-established funding amount as goods or services are consumed or delivered. While the specific products or commodities are not explicitly detailed in the award documentation, the declining balance structure suggests this is a supply or materials contract subject to utilization over time. Performance is directed to VCU's procurement office in Virginia, with the full contract value of $3,580.51 established as the cumulative authorization for this award.