TITLE
Recommendation to authorize City Manager, or designee, to execute the necessary documents with Dell Marketing, LP (Dell), utilizing the approved Dell Master Purchase Agreement No. 28280, for the purchase of personal computers, in an amount not to exceed $800,000; and
Authorize City Manager, or designee, to execute a lease-purchase agreement, and related financing documents, with Banc of America Public Capital Corporation, of San Francisco, CA, for the financing of personal computers, in an amount not to exceed $881,000 including escrow fees, principal, and interest, payable over a five-year period. (Citywide)
DISCUSSION
On September 18, 2018, the City Council awarded a contract (Master Lease Agreement) with Banc of America Public Capital Corporation (BAPCC), in an amount not to exceed $200,000,000, for a period of five years, with an option to extend the contract for three additional one-year periods, to provide the City with lease financing services, on an as-needed basis, to facilitate the acquisition of eligible assets. The Master Lease Agreement allows the City to lease finance assets, such as computers, software systems, fire trucks, public safety equipment, and street sweepers in an efficient, low-cost manner. Each acquisition and related individual lease financing under the Master Lease Agreement must be approved by the City Council.
City Council approval is requested to execute a lease-purchase agreement through the City’s Master Lease Agreement with BAPCC for the financing of personal computers for a five-year period. Due to space constraints and changing technology needs, the City recently changed to a microcomputer model and is deploying additional laptops that will take up less space, require less electricity, and still have the computing power to run all existing City applications. These new computers, along with associated peripheral devices, align with redesigned desktop experience standards that focus on mobility, online collaborati...
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