CONTRACTAPPROVED

Caratunk Public Schools Awards Equipment Contract to Hp Financial Services (April 2020)

Caratunk Public Schools logoCaratunk Public Schools
Disclosed value
4 payments of $425,777.08 (total $1,703,108.32)
From report
Approved
Apr 1, 2020
Term
Approximately 5/1/2020 – 9/30/2023

The 30-second brief

What it covers

The Treasurer is authorized to enter a lease purchase agreement with HP Financial Services totaling $1,703,108.32 for 4,000 student iPads, with four payments of $425,777.08 from May 1, 2020 through October 1, 2022 and ownership passing to CPS by the lease end on September 30, 2023. The urgent procurement supports at-home learning during the pandemic with initial funding from the ITM General Fund.

Who holds it

Hp Financial Services holds this equipment contract with Caratunk Public Schools. Its other public contracts on record include work for Central Michigan University and Marple Newtown SD.

What happens next

Term as filed: Approximately 5/1/2020 – 9/30/2023.

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Contract details

Contract type
Equipment
Amount
4 payments of $425,777.08 (total $1,703,108.32)
Document date
April 1, 2020
Term
Approximately 5/1/2020 – 9/30/2023
Source document
caratunk-public-schoolsreport2020-04-01_f8e.pdf (Report)

Hp Financial Services's other public contracts

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Questions about this contract

Who was awarded the equipment contract by Caratunk Public Schools?

Hp Financial Services was awarded this equipment contract by Caratunk Public Schools, as recorded on April 1, 2020. The contract value is 4 payments of $425,777.08 (total $1,703,108.32).

How much is the Hp Financial Services contract with Caratunk Public Schools worth?

The Hp Financial Services contract with Caratunk Public Schools is valued at 4 payments of $425,777.08 (total $1,703,108.32), covering equipment work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in caratunk-public-schoolsreport2020-04-01_f8e.pdf (Report), dated April 1, 2020 from Caratunk Public Schools. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Hp Financial Services hold?

Hp Financial Services may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

What is Caratunk Public Schools currently buying?

Explore Caratunk Public Schools's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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