Sarasota County Schools
Agenda Item #23
Title
APPROVAL TO LEASE PRINT SHOP EQUIPMENT
Description
The Print Shop requests permission to replace the three Docutech digital copy machines leased from Xerox Corporation. The equipment is five years old and needs to be updated. The Print Shop currently produces 67 million impressions a year, operating 24 hours a day, 5 days a week. The new equipment will increase print capacity by 20% and provide a lower cost per copy. The projected cost is $37,964.38 a month for 72 months. This results in an upgrade of equipment and printing capacity while saving approximately $700 per year over the current lease. This equipment is contained on the Marion County School Board RFP #3029JD for 'Digital Multifunction Copiers' and includes sole source maintenance for a Bourg booklet maker. The funds for this purchase are contained in the operating budget allocated to the Print Shop.
Recommendation
That the lease of Docutech equipment from Xerox Corporation, in the amount of $2,733,435 for a 72 month period, be approved for purchase.
Contact
CORCORAN & BLACK/TORRES
Financial Impact
$2,733,435 - 72 month lease - Operating
Attachment: LeasePrintShopEquipmentRec.pdf