Lease Financing for New Classroom Computers Approved
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Description
The Board authorized American Capital Financial Services to finance, via a four-year capital lease, the $135,450 purchase of 430 Lenovo classroom computers. This financing supports the G5 classroom display technology rollout.
Contract Details
Contract Amount
$135,450.00 (lease financing for computers)
Vendor
AMERICAN CAPITAL FINANCIAL SERVICES
Agency
Madison Metropolitan School District, WI
Contract Type
FINANCIAL_SERVICES
Document Date
December 15, 2025
Contract Term
Four-year DBO capital lease
Renewal Date
2023-06-30
Renewal Info
Four-year lease term for classroom computers; renewal not described.
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