Declining Balance PO

Virginia Commonwealth University awarded a contract to Richmond Public Library under contract number A236_P0352802 on September 8, 2026. The contract pertains to a Declining Balance Purchase Order with a total cumulative value of $800. The line item specifies a single unit priced at $800, with delivery directed to VCU Procurement. Richmond Public Library serves as the prime contractor for this procurement activity within the Commonwealth of Virginia.

The contract documentation provided does not specify a defined period of performance, annual value breakdown, or detailed description of products and services beyond the designation as a Declining Balance Purchase Order. The minimal contract value and single-unit structure suggest this may represent either a specialized procurement, a framework agreement mechanism, or an administrative service arrangement. Additional contract documentation would be required to establish performance timelines, specific deliverables, and the nature of services or materials to be provided under this procurement vehicle.