TECHNOLOGYAPPROVED

Western Dakota Technical College Board of Trustees Meeting Minutes February 2026

Security Technology Contract Awarded to Verkada for $1.67M

$1,673,054.57 at 0% APR, with $200,000 due at signing and five annual payments thereafterWestern Dakota Technical CollegeVERKADAFebruary 11, 2026

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Description

The Western Dakota Technical College Board of Trustees approved a five-year financing agreement with Verkada for campus security enhancements, totaling $1,673,054.57 at 0% APR. $200,000 is due at signing with five annual payments to follow.

Contract Details

Contract Amount

$1,673,054.57 at 0% APR, with $200,000 due at signing and five annual payments thereafter

Vendor

VERKADA

Agency

Western Dakota Technical College, SD

Contract Type

TECHNOLOGY

Document Date

February 11, 2026

Contract Term

Five-year financing agreement

Renewal Date

2031-02-11

Renewal Info

Five-year financing agreement. No renewal term specified. Payments structured as $200,000 at signing plus five annual payments.

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Issuing Agency