Laptop Computer Leasing for Two Universities

The South Dakota Board of Regents is seeking financial companies to provide a master lease agreement for approximately 850 laptops for two universities, with an estimated total equipment cost of $1.923 million.

State of South Dakota > Board of Regents


General
Open (issued)
BOR10262026 Laptop Leases
Nov 14, 2026 04:00 AM
Oct 26, 2026 08:20 PM
$1,923,000.00
3 years
Request for Proposal (RFP)
State
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Original Solicitation Links
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BOR10262026 Laptop Leases

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bor10262026 laptop leases

Contact
raleigh.tiahrt@usd.edu
+16056583634
414 East Clark Street, Vermillion, SD, USA
Submission Instructions
Email
Description

The South Dakota Board of Regents seeks proposals from qualified financial companies for a non-exclusive Master Lease Agreement to finance laptop computers for Dakota State University and South Dakota School of Mines & Technology. The initial lease is anticipated to cover approximately 350 laptops for one institution and 500 for the other, with estimated equipment costs of $732,000 and $1,191,000, respectively. Quantities, configurations, and costs may change before lease execution; additional leases for similar quantities of computers and related technology equipment are anticipated in subsequent years. The initial computers are expected to be leased for three years with a $1 buyout at the end of the term, with semiannual payments. Proposals must state the lease rate factor, interest rate, and semiannual payment amount, provide separate cost information for each institution, and include the firm's standard lease forms and other required documentation. The proposal must also include three references from public universities for which the firm provides lease-funding financial services.

Classification Codes
NAICS532420Office Machinery and Equipment Rental and Leasing
PSCW070Lease or Rental of Equipment: Automatic Data Processing Equipment (Including Firmware), Software, Supplies and Support Equipment
Smart Codes
laptop computer leasingequipment financingmaster lease agreements
Specifications
Supply & Service
No
Timeline
Nov 2, 2026-Deadline for Written Inquiries
Nov 5, 2026-Responses to Offeror Questions
Nov 14, 2026 04:00 AM-Proposal Submission Deadline
Dec 10, 2026-Anticipated Award Decision and Contract Negotiation
Requirements
Scored
  • Minimum 3 references
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