TECHNOLOGYAPPROVED

Peninsula School District Awards Technology Contract to Apple Inc (July 2026)

Peninsula School District No. 401 entered into a Master Lease Purchase Agreement with Apple Inc. on July 15, 2026 to finance computer hardware. The $4.78 million tax‑exempt lease will be repaid over four years with total payments of approximately $4.89 million at 1.7% interest.

Status
APPROVED
Document date
July 15, 2026
Contract type
TECHNOLOGY
Vendor
Apple Inc
Agency
Peninsula School District · WA

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

Scope & details

The full contract record, as filed.

Contract amount
$4,779,104.20 (principal) with total payments of $4,890,892.01 at 1.7% interest
Contract type
TECHNOLOGY
Contract term
Commencement Date in 2026 through July 15, 2029 (4 annual payments: 7/15/2026–7/15/2029)
Renewal date
2029-07-15
Renewal
Lease includes a purchase option allowing the district to acquire title upon payment of all lease payments or an earlier prepayment at a stated purchase price including a prepayment premium. Non‑appropriation clause permits termination at fiscal year end if funds are not appropriated.
Document type
Agreement
Source document
Peninsula School District No. 401 Agreement Master Lease Purchase Agreement 2026-07-15

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the technology contract by Peninsula School District?

Apple Inc was awarded this technology contract by Peninsula School District, as recorded on July 15, 2026. The contract value is $4,779,104.20 (principal) with total payments of $4,890,892.01 at 1.7% interest.

How much is the Apple Inc contract with Peninsula School District worth?

The Apple Inc contract with Peninsula School District is valued at $4,779,104.20 (principal) with total payments of $4,890,892.01 at 1.7% interest, covering technology work.

What type of contract is this?

This is a Technology contract, documented as a agreement record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in Peninsula School District No. 401 Agreement Master Lease Purchase Agreement 2026-07-15 (Agreement), dated July 15, 2026 from Peninsula School District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Apple Inc hold?

Apple Inc may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Apple Inc's profile

What is Peninsula School District currently buying?

Explore Peninsula School District's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View Peninsula School District's profile

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