Pennridge School District Board Meeting Agenda 2026-05-11
Four-Year Lenovo Laptop Lease Approved for High School
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Description
Pennridge School District approved a 48-month leasing agreement with Lenovo Financial Services for high school 1.1 laptops, with annual lease payments of $218,004.82 based on a .28083 lease rate factor.
Contract Details
Contract Amount
Annual lease payment $218,004.82 (rate factor .28083, 48 months)
Vendor
LENOVO FINANCIAL SERVICES
Agency
Pennridge SD, PA
Contract Type
EQUIPMENT
Document Date
May 11, 2026
Contract Term
48 months
Renewal Info
Lease runs 48 months; renewal or buyout terms not detailed in agenda.
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