Declining Balance PO FY27 Dr Brien Riley Bran

Virginia Commonwealth University (VCU) awarded a contract to Airgas on June 16, 2026, for the provision of supplies and services under a declining balance purchase order structure for Fiscal Year 2027. The contract is designated for delivery to VCU Procurement and is managed under the direction of Dr. Brien Riley. The total cumulative contract value is $1,500.00, representing a single line item award with a unit price of $1,500.00 per unit.

The specific products or services to be delivered under this declining balance purchase order arrangement are not explicitly detailed in the contract documentation provided. However, the structure indicates a pre-funded allocation mechanism whereby Airgas will provide goods and/or services on an as-needed basis throughout the fiscal year, with expenditures drawn down against the $1,500.00 total authorization. The contracting organization is Virginia Commonwealth University, located in Virginia, with performance and delivery requirements directed to VCU Procurement.