e|agenda.NET Sarasota County Schools

THE SCHOOL BOARD OF SARASOTA COUNTY, FLORIDA Landings Administrative Complex 1980 Landings Blvd. 6:30 p.m.

November 7, 2017 Board Meeting Agenda Item #30 Title APPROVAL TO LEASE XEROX PRINT SHOP EQUIPMENT Description The Print Shop requests permission to replace the three digital copy machines leased from Xerox Corporation. The equipment is five years old and needs to be updated. The Print Shop currently produces approximately 57 million impressions a year, operating 24 hours a day, five days a week. The new equipment has added features that replace tasks that were done manually, will increase printing capacity by 9%, and will provide a lower cost per copy. The projected cost is $28,530.04 a month for 72 months. This results in an upgrade of equipment and printing capacity while saving approximately $3949 per month over the current lease. This equipment is contained on the TCPN contract for Multifunction Copiers. The funds for this purchase are contained in the capital millage funds allocated for the equipment. Recommendation That the lease of Xerox Corporation printing equipment, in the amount of $2,054,162.88, be approved as presented. Contact CORCORAN & LICHON Financial Impact $2,054,162.88 Attachment:  Approval to lease XEROX PRINT SHOP EQUIPMENT.pdf