Sarasota County Schools
Agenda Item #36
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 four years old and needs to be updated. The Print Shop currently produces 60 million impressions a year, operating 24 hours a day, 5 days a week. The new equipment will increase printing capacity by 33% and provide a lower cost per copy. The projected cost is $37,934.84 a month for 72 months. This results in an upgrade of equipment and printing capacity while saving approximately $2,125 over the current lease. This equipment is contained on the Marion County School Board RFP #3359JL 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 $2,731,309.00 be approved as presented.
Contact
CORCORAN & BLACK/TORRES
Financial Impact
$2,731,309.00
Attachment: Lease Xerox Print Shop Equipment 10.16.2012.pdf