Declining Balance PO
State & local contract award Virginia Awarded
- Contract number
- A236_P0351008
- Awardee
- CASTLE BRANCH INC
- Contracting organization
- Virginia Commonwealth University
- Cumulative value
- $50,000
About this award
Virginia Commonwealth University awarded a contract to Castle Branch Inc. on August 27, 2026, for a declining balance purchase order mechanism valued at $50,000.00. The contracting organization is located in Virginia, with delivery and performance directed to VCU Procurement. Castle Branch Inc. serves as the prime contractor on this single-line-item award.
The contract encompasses one deliverable unit priced at $50,000.00 under a declining balance purchase order structure, which allows for the drawdown of funds as services or products are provided. While the specific nature of Castle Branch Inc.'s products or services is not explicitly detailed in the contracting documentation provided, the declining balance mechanism indicates a flexible delivery model where expenses are incurred against the total contract value throughout the performance period. The period of performance and any annual renewal terms are not specified in the available award information.
Line items
| Item | Total |
|---|---|
| Declining Balance PO | $50,000.00 |
Award details come from logi.cgieva.com. Updated .
Quick answers
Who was awarded contract A236_P0351008?
Contract A236_P0351008 was awarded to CASTLE BRANCH INC by Virginia Commonwealth University on August 27, 2026.
How much is contract A236_P0351008 worth?
Its cumulative value is $50,000.
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