CONTRACTPENDING

District Receives Technology Lease Financing Proposal

Menlo Park City Elementary logoMenlo Park City Elementary
Disclosed value
$110,512.00 (Not including tax); 36-month option: $37,237.17 annually; 48-month option: $28,954.03 annually
From proposal
Document date
Jun 10, 2021

The 30-second brief

What it covers

VAR Technology Finance submitted a proposal to Menlo Park City School District to finance $110,512 of Asus Chromebooks and Google licenses via a standard lease. The proposal offers 36- or 48-month annual payment options with end-of-term options to own, extend, or dispose of the equipment, subject to credit approval and final contract documentation.

Who holds it

Var Technology Finance holds this financial services contract with Menlo Park City Elementary. Its other public contracts on record include work for City of Tumwater and Madison County.

What happens next

Term as filed: Option 1: 36 Months, annually; Option 2: 48 Months, annually.

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Contract details

Contract type
Financial Services
Amount
$110,512.00 (Not including tax); 36-month option: $37,237.17 annually; 48-month option: $28,954.03 annually
Document date
June 10, 2021
Term
Option 1: 36 Months, annually; Option 2: 48 Months, annually
Source document
menlo-park-city-elementary-proposal-2021-06-10_385.pdf (Proposal)

Var Technology Finance's other public contracts

More Menlo Park City Elementary contracts

Questions about this contract

Who was awarded the financial services contract by Menlo Park City Elementary?

Var Technology Finance was awarded this financial services contract by Menlo Park City Elementary, as recorded on June 10, 2021. The contract value is $110,512.00 (Not including tax); 36-month option: $37,237.17 annually; 48-month option: $28,954.03 annually.

How much is the Var Technology Finance contract with Menlo Park City Elementary worth?

The Var Technology Finance contract with Menlo Park City Elementary is valued at $110,512.00 (Not including tax); 36-month option: $37,237.17 annually; 48-month option: $28,954.03 annually, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a proposal record.

Where was this contract approved?

This contract appears in menlo-park-city-elementary-proposal-2021-06-10_385.pdf (Proposal), dated June 10, 2021 from Menlo Park City Elementary. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Var Technology Finance hold?

Var Technology Finance 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 Menlo Park City Elementary currently buying?

Explore Menlo Park City Elementary's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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