Declining Balance PO for Priority TM Contract ext
State & local contract award Virginia Awarded
- Contract number
- A236_P0340866-V2
- Awardee
- PRIORITY ELEVATOR
- Contracting organization
- Virginia Commonwealth University
- Cumulative value
- $500,000
About this award
Virginia Commonwealth University awarded a contract to Priority Elevator on August 12, 2026, for a cumulative value of $500,000. The prime contractor will deliver services under a declining balance purchase order arrangement for the Priority Elevator contract, with performance directed to VCU Procurement. The contract is structured as a single line item valued at $500,000 per unit.
The specific scope of work involves elevator services to be provided to Virginia Commonwealth University. While the contract documentation identifies this as a declining balance purchase order mechanism, the precise nature of the elevator services—whether maintenance, repair, modernization, installation, or a combination thereof—cannot be definitively determined from the available contract award information. Delivery will be made to VCU Procurement in Virginia. The contract award does not specify an explicit performance period or annual value breakdown within the materials provided.
Line items
| Item | Total |
|---|---|
| Declining Balance PO for Priority TM Contract ext | $500,000.00 |
Award details come from logi.cgieva.com. Updated .
Quick answers
Who was awarded contract A236_P0340866-V2?
Contract A236_P0340866-V2 was awarded to PRIORITY ELEVATOR by Virginia Commonwealth University on August 12, 2026.
How much is contract A236_P0340866-V2 worth?
Its cumulative value is $500,000.
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