Declining Balance PO
State & local contract award Virginia Awarded
- Contract number
- A236_P0339412
- Awardee
- WAKE FOREST UNIVERSITY
- Contracting organization
- Virginia Commonwealth University
- Cumulative value
- $95,473
About this award
Virginia Commonwealth University (VCU) awarded a contract to Wake Forest University on June 3, 2026, with a cumulative value of $95,473.00. The contract is identified as A236_P0339412 and represents a purchase order arrangement with a declining balance structure. Delivery is specified to VCU Procurement in Virginia. The single line item is valued at $95,473.00 per unit with a quantity of one.
The contract encompasses a declining balance purchase order mechanism, which permits the awardee to draw down funds over the contract period as services or products are delivered. While specific performance metrics and exact service descriptions are not detailed in the available documentation, this instrument type typically allows for flexibility in fulfillment scheduling while maintaining cost controls through the established ceiling amount. The contract award occurred in the Commonwealth of Virginia, with Wake Forest University serving as the prime contractor and VCU functioning as the contracting organization.
Line items
| Item | Total |
|---|---|
| Declining Balance PO | $95,473.00 |
Award details come from logi.cgieva.com. Updated .
Quick answers
Who was awarded contract A236_P0339412?
Contract A236_P0339412 was awarded to WAKE FOREST UNIVERSITY by Virginia Commonwealth University on June 3, 2026.
How much is contract A236_P0339412 worth?
Its cumulative value is $95,473.
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