Declining Balance PO

Virginia Commonwealth University (VCU) awarded a contract to Airgas USA LLC on August 12, 2026, for the provision of gas and welding supplies under a declining balance purchase order arrangement. The contract is valued at $5,773.77 and represents a single line item delivery to VCU Procurement. Airgas USA LLC, a leading industrial gas supplier, will provide materials and services as needed under the terms of this blanket purchase order structure.

The declining balance purchase order mechanism allows VCU to draw down against the established contract value as supplies are requisitioned and delivered. This contracting approach provides the university with flexible access to Airgas products and services while maintaining budgetary controls through the fixed cumulative value ceiling. Performance is to be executed at VCU facilities in Virginia, with deliveries coordinated through the university's procurement department.