Lease Financing Approved for Chromebook Charging Carts
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Description
The Board approved American Capital Financial Services to finance, through a four-year capital lease, the $31,284 purchase of 66 Chromebook charging carts for G5 elementary schools. Lease costs will be paid from the 2019/20 Technical Services Operating Budget.
Contract Details
Contract Amount
$31,284.00 (lease financing for carts)
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 capital lease term for charging carts; no renewal mentioned.
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