TECHNOLOGYAWARDED

Independent School District No. 57 of Garfield County Agreement Equipment Lease Purchase Agreement 2026-07-01

Enid Public Schools leases 500 Lenovo Chromebooks from Trafera

$12,256.00 per month, paid annually as $147,072.00 (4-year term; total scheduled payments $588,288.00)Enid Public SchoolsTRAFERA LLC DBA TRAFERA FINANCIAL SERVICESMay 29, 2026

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Description

Independent School District No. 57 of Garfield County entered into a four-year equipment lease purchase agreement with Trafera, LLC dba Trafera Financial Services for 500 Lenovo Chromebook 2-in-1 devices with docking stations, licenses, and services. The district will pay $12,256 per month, billed annually at $147,072, with title to the equipment transferring incrementally as scheduled payments are made.

Contract Details

Contract Amount

$12,256.00 per month, paid annually as $147,072.00 (4-year term; total scheduled payments $588,288.00)

Vendor

TRAFERA LLC DBA TRAFERA FINANCIAL SERVICES

Agency

Enid Public Schools, OK

Contract Type

TECHNOLOGY

Document Date

May 29, 2026

Contract Term

4 years from Commencement Date of July 15, 2026; Original Term ending June 30 of initial fiscal year with successive Renewal Terms each July 1–June 30 through Maximum Term

Renewal Date

2030-07-14

Renewal Info

Lease is structured with an Original Term and successive one-year Renewal Terms each July 1–June 30, subject to annual mutual ratification and appropriation per Okla. Stat. tit. 62, § 430.1 and Okla. Stat. tit. 70, § 5-117. Lessee may exercise purchase options on each payment date for one-fourth of the units or may purchase substantially all equipment by paying the stated purchase price and all amounts due.

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