RECOMMENDATION(S):
RATIFY the Purchasing Agent's execution, on behalf of the Department of Information Technology, of purchase orders with with Sirius Computer Solutions, Locus Diagnostics, and Integrated Archive Systems, and a third-party lease-agreement with IBM Credit, LLC, for the lease-purchase and third-party financing of computer equipment, services, software and software licenses during the period from July 1, 2018, through June 30, 2022.
FISCAL IMPACT:
The cost of $1,365,000 is charged back to user departments through the Department of Information Technology's billing process. (100% Department User Fees)
BACKGROUND:
The Department of Information Technology is purchasing hardware, software, and services to maintain the County's wide-area-network. The Purchasing Division has arranged lease purchasing financing with IBM Credit, LLC in the amount of $1,365,000. The lease purchases were approved by the Debt Affordability Advisory Committee on February 19, 2018.
|