Request Commissioners Court consideration and any action regarding (1) approval to award contract 2022-347, Lease Copiers, to Novatech, Inc. through Konica Minolta Omnia Partners Coop (No. R191101) and HP Omnia Partners Coop (No. R210403), (2) approval of Notice of Assignment with Wells Fargo Financial Leasing, Inc. ("WFFL"), and authorize Purchasing Agent to execute the same. We are entering into a new contract effective October 1, 2022, through September 30, 2027. Payments will be made per the attached documentation with Wells Fargo Financial Leasing, Inc., Novatech, Inc. financing partner. Agreement includes a non-appropriation clause.
Total estimated cost of Lease: $587,832.40
Quarterly estimated payments: $29,391.62
Purchasing Department Action
Request Commissioners Court consideration and any action regarding (1) approval to award contract 2022-347, Lease Copiers, to Novatech, Inc. through Konica Minolta Omnia Partners Coop (No. R191101) and HP Omnia Partners Coop (No. R210403), (2) approval of Notice of Assignment with Wells Fargo Financial Leasing, Inc. ("WFFL"), and authorize Purchasing Agent to execute the same. We are entering into a new contract effective October 1, 2022, through September 30, 2027. Payments will be made per the attached documentation with Wells Fargo Financial Leasing, Inc., Novatech, Inc. financing partner. Agreement includes a non-appropriation clause. slh
Total estimated cost of Lease: $587,832.40
Quarterly estimated payments: $29,391.62
HR and/or IT Action
Budget Department Action
Budgeted funds available upon approval of the FY 2023 budget. (0001) - General Fund.
Auditor's Office Action
Funds available in the General Fund. Budget anticipated to be approved for FY 2023.
Commissioners Court
Lease Copiers (Contract No. 2022-347) to Novatech, Inc. utilizing the Konica Minolta Omnia Partners Coop No. R191101 and HP Omnia Partners Coop No. R210403, and further authorize the Purchasing Agent to finalize and execute associated documents for same, Purchasing.