annual renewal

James Madison University in Virginia awarded a contract to OriginLab Corporation on July 14, 2026, with a cumulative value of $1,475.00. The contract calls for the delivery of one unit to Jacob Brown, with an annual renewal provision built into the agreement structure. The line item is designated at a unit price of $1,475.00 per renewal cycle, indicating this is a recurring annual arrangement rather than a one-time procurement.

The contract documentation does not specify the particular products or services being procured, nor does it identify a defined period of performance or specific place of performance beyond the University's location. The minimal contract value and annual renewal structure suggest this procurement may involve software licensing, maintenance services, or subscription-based access to specialized tools or applications. Additional procurement documentation would be required to determine the exact nature of deliverables and the full scope of services to be provided by OriginLab Corporation under this award.