Skip to main content
File #: 12332   
Type: Consent Status: Passed
File created: 6/2/2025 Department: Purchasing
On agenda: 6/10/2025 Final action: 6/10/2025
Subject: Agreement with Lenovo Financial Services for Fair Market Value Lease Financial Services
Attachments: 1. COV-PUR-6-10-25-Fair Market Value Lease Service for Information Technology Hardware (002), 2. R1 - CON-PUR-6-10-25-Fair Market Value Lease Service for Information Technology
REPORT/RECOMMENDATION TO THE BOARD OF SUPERVISORS
OF SAN BERNARDINO COUNTY
AND RECORD OF ACTION

June 10, 2025

FROM
PETE MENDOZA, Director, Purchasing Department

SUBJECT
Title
Agreement with Lenovo Financial Services for Fair Market Value Lease Financial Services
End

RECOMMENDATION(S)
Recommendation
1. Approve agreement (Master Lease Agreement No. 886435), including non-standard terms, with Lenovo Financial Services, for fair market value lease or purchase of computers, in the amount not to exceed $5,000,000 per year, for a total contract period of March 10, 2025, through March 9, 2030.
2. Authorize the Purchasing Agent to execute Schedules and required documents for purchase or lease of information technology hardware under the Master Lease Agreement, subject to review by County Counsel.
(Presenter: Pete Mendoza, Director, 387-2073)
Body

COUNTY AND CHIEF EXECUTIVE OFFICER GOALS & OBJECTIVES
Improve County Government Operations.
Operate in a Fiscally-Responsible and Business-Like Manner.

FINANCIAL IMPACT
This item will not result in the use of additional Discretionary General Funding (Net County Cost). Departments that require purchasing or lease financing services for information technology hardware are responsible for ensuring adequate funding in their current and future budgets.

BACKGROUND INFORMATION
The Purchasing Department (Purchasing) procures lease financing services for County departments, and these contracted services have been utilized by various departments across the County for approximately 20 years. County departments are responsible for carrying out essential public services, which require maintaining current technology and ensuring systems are secure. The ability to purchase or lease and replace computers regularly allows these departments to stay up to date with technology while avoiding large capital outlays that would otherwise be required for purchasing computers.

To assist departments in finding leasing servic...

Click here for full text