BOR10262026 Laptop Leases

The South Dakota Board of Regents (BOR) is seeking qualified financial companies to enter a non‑exclusive Master Lease Agreement for leasing laptop computers to its member universities (DSU and SDSMT). The initial lease covers roughly 850 laptops with an estimated equipment value of $1.923 million, to be leased for three years with a $1 buyout option. Payments are semi‑annual, and delivery is expected by June 1 2027. BOR anticipates additional lease rounds in subsequent summers (2028‑2031). Proposals must include lease rate factors, interest rates, payment schedules, and standard lease forms, and be submitted electronically by November 13 2026. • Lease of ~350 laptops for DSU ($732k) and ~500 laptops for SDSMT ($1.191 M). • Three‑year term, $1 buyout, semi‑annual payments (Oct 1 & Mar 1). • Delivery by 1 June 2027; future lease rounds planned through 2031. • Required submission: full proposal in Word/PDF via email to [email protected]. • Evaluation criteria: effective interest rate, lease terms, references. • Award expected Dec 10 2026; contract negotiation follows.