EQUIPMENTPENDING

Proposal to Finance Asus Chromebooks Lease for NUSD

Insight Investments, LLC has proposed a 4-year fair market value lease for Newark Unified School District to finance $146,472 in Asus 14" Chromebooks, beginning July 1, 2026 with annual payments of $44,305.86 including tax. The proposal is contingent on final documentation, committee approval, and is subject to interest rate market changes.

Status
PENDING
Document date
March 25, 2026
Contract type
EQUIPMENT
Vendor
Insight Investments Llc
Agency
Newark Unified · CA

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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
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
$146,472.00; Annual payment $40,005.29 plus $4,300.57 tax (total $44,305.86)
Contract type
EQUIPMENT
Contract term
Base term 4 years; Commencement Date 7/1/2026
Renewal date
2030-06-30
Renewal
Four-year fair market value lease with end-of-term options to purchase at fair market value, return equipment, or continue leasing. No automatic renewal is specified; any continuation would require affirmative action by the district.
Document type
Proposal
Source document
Newark Unified School District Proposal Financing of Asus Chromebooks 2026-03-25

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the equipment contract by Newark Unified?

Insight Investments Llc was awarded this equipment contract by Newark Unified, as recorded on March 25, 2026. The contract value is $146,472.00; Annual payment $40,005.29 plus $4,300.57 tax (total $44,305.86).

How much is the Insight Investments Llc contract with Newark Unified worth?

The Insight Investments Llc contract with Newark Unified is valued at $146,472.00; Annual payment $40,005.29 plus $4,300.57 tax (total $44,305.86), covering equipment work.

What type of contract is this?

This is a Equipment contract, documented as a proposal record.

Where was this contract approved?

This contract appears in Newark Unified School District Proposal Financing of Asus Chromebooks 2026-03-25 (Proposal), dated March 25, 2026 from Newark Unified. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Insight Investments Llc hold?

Insight Investments Llc 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 Insight Investments Llc's profile

What is Newark Unified currently buying?

Explore Newark Unified's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View Newark Unified's profile

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