Declining Balance PO

Virginia Commonwealth University awarded a contract to Rudys Exotic Mushrooms & Products on September 21, 2026, with a cumulative contract value of $1,650.00. The contracting organization, based in Virginia, engaged the prime contractor to provide goods or services under a declining balance purchase order delivery arrangement. The contract encompasses a single line item valued at $1,650.00 per unit, with delivery directed to VCU Procurement.

The specific products or services to be delivered are not explicitly detailed in the available contract documentation. However, given the contractor's business name and the arrangement structure, the contract likely involves the provision of exotic mushroom products or related items. The declining balance purchase order mechanism indicates a consumption-based arrangement wherein VCU may draw down against the awarded amount as services or goods are delivered. The relatively modest contract value and single-unit line item structure suggest this represents either a specialty procurement or a limited-term engagement for specific mushroom-related products or production services.