Declining Balance PO

EMD Millipore Corporation was awarded a contract by Virginia Commonwealth University on September 21, 2026, for the provision of declining balance purchase order services. The contract is valued at $3,000.00 and is classified as a single line item award with a unit price of $3,000.00 per order. Delivery is designated to VCU Procurement, indicating the point of performance is Virginia Commonwealth University's procurement operations.

This procurement represents a declining balance purchase order mechanism, which provides Virginia Commonwealth University with flexibility in accessing goods or services from EMD Millipore Corporation up to the cumulative contract ceiling of $3,000.00. The structure of this award suggests a framework agreement whereby funds are drawn down as orders are placed against the established contract vehicle. The engagement between the prime contractor and the Virginia-based educational institution is intended to support VCU's operational or research requirements within the Commonwealth of Virginia.