Declining balance PO to use on an as needed basis

Virginia Commonwealth University awarded a contract to RCS Moving LLC for declining balance purchase order services on an as-needed basis. The contract, identified as A236_P0315410-V2, was awarded on August 10, 2026, with a cumulative value of $93,383.15. The line item establishes a single purchase order mechanism with a unit price of $93,383.15 for delivery to VCU Procurement, enabling the university to procure services flexibly throughout the contract period as operational requirements dictate.

RCS Moving LLC, as the prime contractor, will provide moving services to Virginia Commonwealth University under this declining balance arrangement. This contracting structure allows VCU to utilize the full contract value incrementally based on actual service requests, with deliverables directed to the university's Procurement department in Virginia. The as-needed nature of this purchase order provides VCU with operational flexibility while establishing a pre-negotiated pricing framework with the contractor.