Declining Balance PO
State & local contract award Virginia Awarded
- Contract number
- A236_P0345122
- Awardee
- Laboratory Corp of America Holdings
- Contracting organization
- Virginia Commonwealth University
- Cumulative value
- $120,000
About this award
Laboratory Corporation of America Holdings has been awarded a contract by Virginia Commonwealth University (VCU) effective August 3, 2026, with a cumulative value of $120,000.00. The contract is designated as A236_P0345122 and represents a single line item procurement structured as a declining balance purchase order. Deliverables will be directed to VCU Procurement, indicating that the performance location is within the Commonwealth of Virginia.
The contract encompasses a declining balance purchase order arrangement with a unit price of $120,000.00 for a quantity of one each. This procurement structure allows VCU to make withdrawals against the established balance as laboratory services are required, providing flexibility in service delivery while maintaining a defined maximum financial obligation. The specific scope of laboratory services to be provided by Laboratory Corporation of America Holdings will be drawn down against this allocated balance throughout the contract period.
Line items
| Item | Total |
|---|---|
| Declining Balance PO | $120,000.00 |
Award details come from logi.cgieva.com. Updated .
Quick answers
Who was awarded contract A236_P0345122?
Contract A236_P0345122 was awarded to Laboratory Corp of America Holdings by Virginia Commonwealth University on August 3, 2026.
How much is contract A236_P0345122 worth?
Its cumulative value is $120,000.
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