HCPS FL Logo Business
Action Item
DATE: Tuesday, September 30, 2014
TO: School Board Members
FROM: MaryEllen Elia, Superintendent
SUBJECT / RECOMMENDATIONS
Approve the U.S. Communities Master Lease Agreement for Copiers from Ricoh USA Inc. (Business Division) 
EXECUTIVE SUMMARY
On July 16, 2013, the Board accepted the piggyback agreement between Ricoh America Corporation and the U.S. Communities, Fairfax County, Virginia Supply Contract  #4400003732 Lease or Purchase of Multifunction Devices, Managed Print Services and Other Related Products, Services, and Solutions. 

This contract represents better terms and conditions than the piggyback offered; changes can be viewed in the addendum section.  There are no changes to the financial impact.  This contract has been reviewed by our General Counsel. 

The contract period extends to June 30, 2016, with an option to renew, one year at a time, for no more than six years.  The Superintendent is authorized to approve renewal agreements, per the terms of the specifications.

STRATEGIC OBJECTIVES
• Demonstrate best financial practices
FINANCIAL IMPACT (Budgeted:  Yes)
None.
EVALUATION
At each lease renewal, the Superintendent will determine whether to enter into a new lease or refinance the existing lease based on Hillsborough County Public Schools economic circumstances.
SUBMITTED BY:  Kate Rouse, Senior Procurement Officer, Procurement Department
Jean Bowman   Gretchen Saunders
General Manager, Procurement Department
(813) 272-4374
  Chief Business Officer
(813) 272-4270
    A 6.05
Hillsborough County Public Schools (Florida) * Mtg.#20140930_642 (Board Meeting) * Section A Item# 6.05