The contract is for a utility services postage machine lease, with a term of 60 months. The lease payment is $2,071.80 per quarter, and includes equipment maintenance, meter rental, and software license fees. The contract is governed by the terms and conditions of the State of Florida Contract Number 44102100-17-1. Key points to consider are the lease terms, payment schedule, and equipment maintenance requirements. Some benefits of this contract include the inclusion of reduced price equipment maintenance and meter resets. However, potential drawbacks may include the quarterly invoicing and the requirement for operator training.
• Lease term: 60 months
• Lease payment: $2,071.80 per quarter
• Equipment maintenance: included in lease payment
• Meter rental: included in lease payment
• Software license fees: included in lease payment
• Payment schedule: quarterly invoicing
• Equipment maintenance requirements: reduced price equipment maintenance and meter resets