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Hopkinton Public Schools·Massachusetts

Fair Market Value Lease

Closes 5/5/2026$70k – $140kInvitation for Bid
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Description

Hopkinton Public Schools is seeking a vendor to lease 1,300 Lenovo 500e Yoga Chromebooks (Grade 2‑5) along with 1,300 Google Chrome Management licenses for a three‑year period, delivering the equipment to two elementary schools and handling all shipping, including end‑of‑lease pickup. The lease includes an optional 3‑year service agreement, and at lease end the district retains 100 Chromebooks and all licenses while the remainder is returned to the vendor. The contract will be awarded to the lowest responsible and responsive bidder, subject to the School Committee’s discretion. • Provide 1,300 Chromebooks (Grade 2‑5) – 625 to Elmwood Elementary, 675 to Hopkins Elementary. • Supply 1,300 Chrome Management licenses (non‑returnable). • Include full shipping costs for delivery and end‑of‑lease pickup; no extra cost to the district. • Lease payments capped at $212,500 for Year 1 and up to $239,000 for Years 2‑3 (total maximum $690,500). • Vendor must submit sealed bids by May 5, 2026 and may not withdraw bids for 30 days after opening.

Attached files

Contact

(508) 417-9385

Key dates

Opened
4/21/2026
Questions due
4/26/2026
Closes
5/5/2026
Duration
3 years

Last updated

Details

Type
Invitation for Bid
Industry
Information Technology and Software Development
NAICS
532420

Budget estimate

$70,000 – $140,000

The solicitation caps total lease payments at $690,500 over three years, which represents the maximum revenue the vendor could earn from this contract. Assuming a typical margin of 10‑20% on equipment lease and services, the vendor’s net earnings could range from roughly $70,000 to $140,000 over the contract term. If the vendor can secure a higher margin or add value‑added services, earnings could be higher; conversely, tighter cost control could push earnings toward the lower end.

AI estimate from the solicitation

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