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PROFESSIONAL_SERVICESAMENDED

VCU Board of Visitors Finance and University Resources Committee Agenda April 2026

VCU Expands A/E Term Limits for Raymond Engineering

Up to $10M per contract term; no one project exceeding $2.5MVirginia Commonwealth UniversityRAYMOND ENGINEERINGApril 23, 2026

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Description

VCU plans to amend its existing architect/engineer term contract with Raymond Engineering to raise the maximum contract term limit to $10 million, with no single project exceeding $2.5 million. The amendment supports ongoing building envelope consulting and design services under Facilities Management through June 30, 2030.

Contract Details

Contract Amount

Up to $10M per contract term; no one project exceeding $2.5M

Vendor

RAYMOND ENGINEERING

Agency

Virginia Commonwealth University, VA

Contract Type

PROFESSIONAL_SERVICES

Document Date

April 23, 2026

Contract Term

Term contracts and renewals extending through June 30, 2030, with amended limits effective July 1, 2026

Renewal Date

2030-06-30

Renewal Info

Amendment increases fee limits on existing optional-use A/E term contracts and associated renewals through June 30, 2030, with spending capped at $10M per term and $2.5M per project.

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