Santa Cruz County 23B02871

Loan amount $16,122.31; total interest 11.11%; principal payments include sales tax. Monthly leasing billed quarterly...

Santa Cruz County awarded a purchase order to Monterey Bay Office Products for a 48-month lease of a C650i copier with e-copy (quantity 1), with a $1 buyout at the end of the lease. The order also includes interest based on a quarterly amortization schedule (quantity 1) and maintenance and supply CPC charges, including black-and-white and color per-copy charges and an e-copy charge (quantity 1). The source describes a $16,122.31 loan amount, 11.11% total interest, and an overall award amount of $23,203.74. Monthly leasing is billed quarterly in advance; applicable taxes are added to pricing, and principal payments include sales tax.

Description

Loan amount $16,122.31; total interest 11.11%; principal payments include sales tax. Monthly leasing billed quarterly in advance; applicable taxes added to pricing.