Shredding service 2nd/4th floor JIB $55.93 + 6.86 = $62.79 x 26 plus rounding every 2 weeks 2 on 4th…

Shred Ace Inc. was awarded a contract by Old Dominion University on July 2, 2026, to provide document shredding services at the Jones Institute Building located at 601 Colley Ave, Norfolk, Virginia. The contract encompasses bi-weekly shredding service for the second and fourth floors of the facility, with service specifications of two shredding events on the fourth floor and one on the second floor per service cycle. The cumulative contract value is $1,690.00, with service delivery directed to Jennifer Novsak at Suite 414A of the Jones Institute Building.

The contract replaces a prior purchase order (PO 05057627) and is structured on a unit-price basis with a total quantity of 1,690 units. The bi-weekly service rate is calculated at $62.79 per cycle, derived from a base rate of $55.93 plus an additional $6.86 charge with rounding adjustments applied per service period. As this is a Virginia state contract awarded to a prime contractor, it falls under Old Dominion University's procurement authority and pertains to facility management and document destruction services.