Property management services property management services and 2 more items

The Virginia Department of Transportation awarded contract PO05070702-V2 to TPC Corporation on June 3, 2026, for property management services. The contract carries a cumulative value of $17.4 million and is to be delivered to Cheryl Aileen Chandler. The scope of work comprises three distinct line items: twelve months of recurring monthly property management services at a unit price of $1,072,874.92 per month, one month of property management services at a unit price of $4,000,000, and a one-time deliverable priced at $500,000.

The contract structure indicates a performance period spanning multiple months with mixed recurring and non-recurring service components. The weighted contract value reflects both ongoing operational property management responsibilities and a substantial one-time service or asset component. Specific geographic details regarding the location of performance are not explicitly detailed in the available contract documentation, though the work is administered through the Virginia Department of Transportation.