Declining Balance PO

Virginia Commonwealth University awarded a contract to Airgas USA LLC on August 3, 2026, for a declining balance purchase order arrangement valued at $7,500.00. The contract represents a single line item purchase order mechanism with delivery to VCU Procurement. Airgas USA LLC, the prime contractor, will provide goods or services under this declining balance arrangement, wherein funds are drawn down as purchases are made against the established balance.

The contract is executed by Virginia Commonwealth University, a state organization in Virginia, with performance and delivery directed to the university's procurement function. While the specific products or services to be procured under this declining balance purchase order are not detailed in the available contract documentation, the arrangement provides VCU with a flexible purchasing mechanism for goods or services from Airgas USA LLC up to the cumulative contract value of $7,500.00. The award date of August 3, 2026, establishes the contract commencement, though the specific performance period and expiration date are not specified in the provided materials.