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EQUIPMENTAPPROVED

Rockaway Borough Board of Education Regular Meeting Agenda April 2026

District Approves UBS Lease for Canon Copiers

$1,494.82 per month for 60 months (plus usage charges; UBS to issue $10,503.95 payoff for Savin lease)Rockaway Borough School DistrictUBSApril 7, 2026

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Description

The Rockaway Borough Board of Education approved a five-year lease purchase agreement with UBS to finance Canon photocopiers under a New Jersey state contract. The deal sets monthly lease payments of $1,494.82 for 60 months, includes Uniflow Cloud services, and has UBS paying off the district’s remaining Savin copier lease.

Contract Details

Contract Amount

$1,494.82 per month for 60 months (plus usage charges; UBS to issue $10,503.95 payoff for Savin lease)

Vendor

UBS

Agency

Rockaway Borough School District, NJ

Contract Type

EQUIPMENT

Document Date

April 7, 2026

Contract Term

60 Month FMV lease (five-year lease purchase agreement)

Renewal Info

Initial five-year FMV lease term; any renewals or buyout options would be governed by the state contract and lease documents, not specified in the resolution.

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