Declining Balance PO

Virginia Commonwealth University awarded a contract to STEM4Real on September 9, 2026, with a cumulative value of $42,500.00. The contract involves the delivery of a declining balance purchase order to VCU Procurement. The single line item is valued at $42,500.00 per unit, with a quantity of one unit. The contracting organization is located in Virginia.

The specific products or services to be delivered cannot be definitively determined from the available documentation, as the line item description is limited to "Declining Balance PO" without additional detail regarding the nature of the deliverables. A declining balance purchase order structure typically indicates a blanket or indefinite-quantity arrangement with a preset funding ceiling. The place of performance is VCU Procurement. No specific period of performance dates beyond the award date of September 9, 2026, are provided in the contract documentation.