Declining Balance PO

Virginia Commonwealth University (VCU) awarded a contract to Transnetyx Inc. on August 3, 2026, with a cumulative value of $250,000. The contracting organization is a higher education institution located in Virginia. The contract involves the delivery of services under a declining balance purchase order mechanism, with deliverables directed to VCU Procurement.

The specific products or services to be delivered under this contract cannot be definitively determined from the available documentation, as the line item description does not specify the nature of the goods or services beyond the declining balance purchase order structure. The contract is structured as a single line item valued at $250,000 per unit, suggesting a comprehensive service or product package rather than itemized deliverables. Without additional contract documentation or performance specifications, the precise scope of work, performance location details beyond VCU's procurement office, and specific performance timeline cannot be determined from the information provided.