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PROFESSIONAL_SERVICESAMENDED

Virginia Commonwealth University Board of Visitors Quarterly Meeting Minutes 2026-04-24

VCU expands A/E term limits for Raymond Engineering

Not to exceed $10M per contract term; no one project exceeding $2.5MSouthwest Regional Recreation AuthorityRAYMOND ENGINEERINGApril 24, 2026

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Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Description

The VCU Board of Visitors approved amendments to Raymond Engineering’s existing A/E term contract, increasing the maximum cumulative fee to $10 million per term with individual projects capped at $2.5 million. The firm will continue to provide building envelope professional services under optional-use term contracts through June 30, 2030.

Contract Details

Contract Amount

Not to exceed $10M per contract term; no one project exceeding $2.5M

Vendor

RAYMOND ENGINEERING

Agency

Southwest Regional Recreation Authority, VA

Contract Type

PROFESSIONAL_SERVICES

Document Date

April 24, 2026

Contract Term

Through June 30, 2030 (for current term and renewals)

Renewal Date

2030-06-30

Renewal Info

Existing term contract and any renewals through June 30, 2030 are amended to allow cumulative fees up to $10M per term with a $2.5M per-project cap.

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