School Board Plans Apple Computer Hardware Lease Purchase

Sumner County Board of Education is entering into Schedule No. 2006231268 under its Master Lease Purchase Agreement with Apple Inc. to finance computer hardware totaling $691,580.00, with four annual payments through September 15, 2029. The discounted purchase price is $668,701.25, with obligations subject to the Master Lease terms.

Document date · March 15, 2026

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Scope & details

The full contract record, as filed.

Contract amount

$691,580.00 (discounted purchase price $668,701.25; Original Issue Discount between the two)

Contract type

EQUIPMENT

Contract term

Commencement Date (unspecified) through September 15, 2029, with four annual payments due 09/15/2026–09/15/2029

Renewal date

2029-09-15

Renewal

Lease payment schedule runs from 09/15/2026 through 09/15/2029 with no stated renewal options; obligations end after final payment unless otherwise amended under the Master Lease.

Document type

Contract

Source document

Sumner County Board of Education Contract Lease Purchase Agreement 2026-03-15

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the equipment contract by Sumner County School District?

Apple Inc was awarded this equipment contract by Sumner County School District, as recorded on March 15, 2026. The contract value is $691,580.00 (discounted purchase price $668,701.25; Original Issue Discount between the two).

How much is the Apple Inc contract with Sumner County School District worth?

The Apple Inc contract with Sumner County School District is valued at $691,580.00 (discounted purchase price $668,701.25; Original Issue Discount between the two), covering equipment work.

What type of contract is this?

This is a Equipment contract, documented as a contract record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in Sumner County Board of Education Contract Lease Purchase Agreement 2026-03-15 (Contract), dated March 15, 2026 from Sumner County School District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Apple Inc hold?

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

View Apple Inc's profile

What is Sumner County School District currently buying?

Explore Sumner County School District's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View Sumner County School District's profile