Approved Funding for Budget Period 1 (12/29/25-10/30/26)

The Commonwealth of Virginia, through the Department of Medical Assistance Services, awarded contract PO05434480 to Virginia Innovation Partnership Corporation on August 10, 2026. The contract carries a cumulative value of $9.89 million and is structured with a single line item for approved funding during Budget Period 1, spanning December 29, 2025 through October 30, 2026. Deliverables are to be directed to Mark Fero.

The contract documentation provided does not specify the detailed scope of products or services to be delivered beyond reference to "Approved Funding for Budget Period 1." Without additional performance specifications or statement of work documentation, the precise nature of the deliverables cannot be determined from the materials submitted. The contracting organization's focus on medical assistance services suggests the funding may support healthcare-related initiatives, though the specific work to be performed by Virginia Innovation Partnership Corporation remains undefined in the available contract record.