Contract PO05068487-V4

Sonova USA Inc has been awarded a purchase order contract (PO05068487-V4) by Old Dominion University in Virginia for the provision of patient-specific hearing aid devices. The contract, effective June 23, 2026, encompasses an annual purchase order arrangement whereby the university may procure hearing aids as recommended and approved by associated medical groups. The cumulative contract value is $449,646.36, with pricing remaining valid for the specified period, though monthly costs may vary based on actual procurement volumes and device configurations.

The line item establishes a unit price of $1.00 per device, with a quantified commitment of 449,646 hearing aid units. This structure indicates a requirements-based contract allowing Old Dominion University flexibility in monthly ordering volumes throughout the contract period. The pricing framework permits cost adjustments on a monthly basis to accommodate fluctuations in device specifications and associated medical recommendations. As the prime contractor, Sonova USA Inc will be responsible for fulfilling all hearing aid device deliveries in accordance with the medical institution's patient-specific requirements and approved procurement authorizations.