Declining Balance PO
State & local contract award Virginia Awarded
- Contract number
- A236_P0356488
- Awardee
- PracticeWise LLC
- Contracting organization
- Virginia Commonwealth University
- Cumulative value
- $100,000
About this award
Virginia Commonwealth University (VCU) has awarded a contract to PracticeWise LLC under contract number A236_P0356488, effective September 21, 2026. The contract carries a cumulative value of $100,000.00 and will be performed at VCU Procurement in Virginia. The contract employs a declining balance purchase order (PO) structure, providing PracticeWise LLC with $100,000.00 in funding to be drawn down as services or products are delivered and invoiced against the agreement.
The line item description indicates the delivery of services or products under a declining balance purchase order mechanism. While the specific nature of the deliverables is not detailed in the contract documentation provided, this contracting structure typically allows for flexible utilization of funds over the contract period, with payments made as work is completed or materials are provided. The single line item, valued at $100,000.00, represents the total authorization available to PracticeWise LLC under this Virginia Commonwealth University award.
Line items
| Item | Total |
|---|---|
| Declining Balance PO | $100,000.00 |
Award details come from logi.cgieva.com. Updated .
Quick answers
Who was awarded contract A236_P0356488?
Contract A236_P0356488 was awarded to PracticeWise LLC by Virginia Commonwealth University on September 21, 2026.
How much is contract A236_P0356488 worth?
Its cumulative value is $100,000.
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