wayzata_public_schools_board_of_education_meeting.pdf
TEQ Lease financing offer for iPads not chosen
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Description
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.
Contract Details
Contract Amount
$394,709.92 per payment
Vendor
TEQ LEASE
Agency
Wayzata Public School District, MN
Contract Type
EQUIPMENT
Document Date
December 13, 2025
Contract Term
Three years, equal installments, first payment due upon arrival of equipment (proposal)
Renewal Info
Proposal only; no contract awarded or renewal terms applicable.
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