TECHNOLOGYPENDING

Guaranteed iPad Buyback Option Added to Apple Lease

Sumner County Board of Education negotiated a GB EDU Addendum with Apple Inc. providing a guaranteed buyback of 15,500 iPads at $35.00 each, for a potential total of $542,500.00 at lease end. The option requires the district to return devices in good working condition shortly after the lease term ending September 15, 2029.

Status
PENDING
Document date
March 15, 2026
Contract type
TECHNOLOGY
Vendor
Apple Inc
Agency
Sumner County School District · TN

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Derivita logo
Comcate logo
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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
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Motive logo
Veritone logo
TerraCycle logo
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Scope & details

The full contract record, as filed.

Contract amount
Guaranteed buyback value: $35.00 per unit, total $542,500.00 for 15,500 iPads
Contract type
TECHNOLOGY
Contract term
Buyback option tied to lease term ending September 15, 2029; equipment must be returned no later than 30 days after end of lease term
Renewal date
2029-09-15
Renewal
Buyback option is exercisable once, for all, some, or none of the covered equipment, with written notice required at least 60 days prior to September 15, 2029; it does not extend or renew the underlying lease, and no automatic renewal is provided.
Document type
Agreement
Source document
Sumner County Board of Education Agreement Master Lease Purchase Agreement Schedule 2006231267 2026-03-15

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the technology contract by Sumner County School District?

Apple Inc was awarded this technology contract by Sumner County School District, as recorded on March 15, 2026. The contract value is Guaranteed buyback value: $35.00 per unit, total $542,500.00 for 15,500 iPads.

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

The Apple Inc contract with Sumner County School District is valued at Guaranteed buyback value: $35.00 per unit, total $542,500.00 for 15,500 iPads, 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 Sumner County Board of Education Agreement Master Lease Purchase Agreement Schedule 2006231267 2026-03-15 (Agreement), dated March 15, 2026 from Sumner County 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.

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What is Sumner County School District currently buying?

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

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