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HomeMy WebLinkAbout11 Copier Lease AGENDA ITEM 11 Page 1 of 2 MEETING DATE: February 3, 2021 TO: Board of Directors FROM: Trey Griffin, Acting Information Technology Director SUBJECT: Consideration of a Contract with Sierra Office Solutions APPROVED BY______________________________ Brian C. Wright, Interim General Manager/ Water Utility Director RECOMMENDATION: Authorize the Interim General Manager to execute a contract, and all necessary documents, with Sierra Office Solutions in an amount of $126,503 + printing overages. BACKGROUND: The District previously held a contract for six Xerox Copy Machines with Sierra Office Solutions the terms of which have recently expired. The District has the option to either purchase the previously leased equipment or return it and lease new equipment. Given the current equipment is now past its prime, staff has determined the most beneficial option to enter into a new lease term with new equipment. Staff has reached out to three organizations providing Xerox Copier Leases to request quotes; Sierra Office Solutions, Inland Business Solutions and Future Print Services. As of January 25, 2021 the District has received two responses as outlined below: 2021 Printer Lease Sierra Office Solutions Inland Business Systems Future Print Services Equipment C18145 C18145 No Reply Quantity 6 6 Lease Term 60 60 Copy Prices B&W Included 13,000 13,000 Extra $0.009 $0.015 Color Included 8,000 8,000 Page 2 of 2 Extra $0.059 $0.065 Cost Per Month $1,947.42 $2,146.76 Tax Rate 8.2650% 8.2650% Tax $160.95 $177.43 Total Cost Per Month $2,108.37 $2,324.19 Total Cost Over Lease Term $126,502.46 $139,451.38 FISCAL IMPACT: Sufficient funds exist within the IT budget for FY21’s lease term. The remaining lease term through 2025 will be accounted for in future budgets. ATTACHMENTS: Attachment 1: Lease Agreement