EQUIPMENTREJECTED

TEQ Lease financing offer for iPads not chosen

TEQ Lease submitted a three-year financing proposal for Wayzata Public Schools’ iPad replacement with payments of $394,709.92 per installment. The district did not award the financing to TEQ Lease, selecting Apple Inc.’s more favorable terms instead.

Status
REJECTED
Document date
December 13, 2025
Contract type
EQUIPMENT
Vendor
Teq Lease
Agency
Wayzata Public School District · MN

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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
$394,709.92 per payment
Contract type
EQUIPMENT
Contract term
Three years, equal installments, first payment due upon arrival of equipment (proposal)
Renewal
Proposal only; no contract awarded or renewal terms applicable.
Document type
Agenda
Source document
wayzata_public_schools_board_of_education_meeting.pdf

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the equipment contract by Wayzata Public School District?

Teq Lease was awarded this equipment contract by Wayzata Public School District, as recorded on December 13, 2025. The contract value is $394,709.92 per payment.

How much is the Teq Lease contract with Wayzata Public School District worth?

The Teq Lease contract with Wayzata Public School District is valued at $394,709.92 per payment, covering equipment work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in wayzata_public_schools_board_of_education_meeting.pdf (Agenda), dated December 13, 2025 from Wayzata Public School District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Teq Lease hold?

Teq Lease 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 Wayzata Public School District currently buying?

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

View Wayzata Public School District's profile

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