Virginia Commonwealth University Cooperative Contract External Security Services 7816071JV

The Virginia Cooperative Contract CTR019020 is designed to provide a comprehensive procurement solution for various goods and services through a strategic indefinite delivery vehicle. This contract enables authorized participating entities to access a wide range of products and services through a pre-negotiated agreement, streamlining the procurement process and offering cost-effective purchasing options. The contract's broad scope allows governmental agencies, educational institutions, and other eligible organizations to efficiently acquire needed resources without conducting separate, time-consuming competitive solicitations.

The master contract is awarded to Regional Marketing Concepts Inc. and is administered by the Virginia Community College Shared Services Center. The contract is structured as a cooperative contract with a performance period from May 10, 2025, to May 31, 2026, specifically covering the Commonwealth of Virginia. This IDV provides a standardized procurement mechanism that allows multiple entities within the state to leverage a single, competitively solicited contract, potentially generating cost savings and administrative efficiencies for participating organizations through aggregated purchasing power and pre-established contract terms.