Karen KharaschCTO ConsultantDeclining Balance PO

Virginia Commonwealth University awarded a contract to Kharasch on September 8, 2026, with a cumulative value of $110,220.00. The prime contractor will deliver chief technology officer (CTO) consulting services to VCU Procurement under a declining balance purchase order arrangement. The contract is structured as a single line item with a unit price of $110,220.00 per engagement.

The consulting services are to be performed for Virginia Commonwealth University, located in Virginia. The contract specifications indicate that Karen Kharasch will serve as the CTO consultant, with deliverables directed to VCU Procurement. The declining balance purchase order mechanism suggests a flexible engagement structure wherein services will be rendered on an as-needed basis against the established cumulative contract value until funds are exhausted. No specific period of performance dates are provided in the contract documentation.