Declining Balance PO Commonwealth Blinds and Shad

Virginia Commonwealth University has awarded a contract to Commonwealth Blinds and Shades Inc., effective June 29, 2026, for the provision of window blinds and shades. The contract is structured as a declining balance purchase order with a cumulative value of $30,000.00. The prime contractor will deliver products to Virginia Commonwealth University's Procurement Department.

This procurement represents a single line item contract wherein Commonwealth Blinds and Shades Inc. will supply blinds and shade products on an as-needed basis against the established $30,000.00 balance. The declining balance mechanism allows Virginia Commonwealth University to draw down funds incrementally throughout the contract period as materials are ordered and delivered, providing flexibility in the timing and quantity of purchases while maintaining budget control through the fixed monetary ceiling.