TECHNOLOGYPENDING

Apple Master Lease Finances School Technology Hardware

Sumner County Board of Education is entering into a technology equipment master lease with Apple Inc. under Schedule No. 2006231267 to finance computer hardware totaling $7,925,425.00 over four annual payments through September 15, 2029. The tax‑exempt lease includes a discounted issue price of $7,663,237.27 and supports capitalizable equipment for educational use.

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

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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
$7,925,425.00 (principal amount); discounted purchase price $7,663,237.27
Contract type
TECHNOLOGY
Contract term
Commencement Date (to be determined) through September 15, 2029, with four annual payments due 09/15/2026–09/15/2029
Renewal date
2029-09-15
Renewal
Lease term runs through September 15, 2029 with four scheduled annual payments and no renewal terms specified; obligations are subject to non‑appropriation provisions in the Master Lease. Any extensions or changes must be made by written agreement between Lessor and Lessee.
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 $7,925,425.00 (principal amount); discounted purchase price $7,663,237.27.

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 $7,925,425.00 (principal amount); discounted purchase price $7,663,237.27, 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.

View Apple Inc's profile

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.

View Sumner County School District's profile

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