# South Dakota Universities and Special Schools Ionwave #BOR10262026

Laptop lease financing for two South Dakota universities

**Posted:** October 26, 2026
**Respond By:** November 14, 2026
**Identifier:** BOR10262026
**NAICS:** 532420, 522220

The South Dakota Board of Regents is seeking laptop lease financing for two state universities under a nonexclusive master agreement.
- **Government buyer:** South Dakota Board of Regents, through the University of South Dakota (USD) Purchasing Office; the attachment identifies Raleigh Tiahrt.
- **Requirement:** Financing for approximately **850 laptops** for Dakota State University (DSU) and South Dakota School of Mines & Technology (SDSMT).
  - DSU: approximately **350 laptops**, estimated equipment cost **$732,000**.
  - SDSMT: approximately **500 laptops**, estimated equipment cost **$1,191,000**.
- **OEMs and vendors:** No laptop OEM, make, model, part number, or named financial vendor is specified. The university and agency names identify the purchasing organizations, not product manufacturers.
- **Lease requirements:** Offerors must provide the lease rate factor, interest rate, and semiannual payment amount, with pricing separated by institution. The initial lease is three years with a **$1 buyout**; sales tax is not paid by the Board.
- **Potential follow-on scope:** Additional leases for similar quantities of computers and related technology equipment may be made under the master agreement. Equipment quantities, configurations, and costs may change.
- **Estimated equipment value:** Approximately **$1.923 million** for the initial laptop requirement; financing costs are not stated.

### Description

The South Dakota Board of Regents is seeking proposals from qualified financial companies for a nonexclusive Master Lease Agreement to finance laptop computer leases for Dakota State University and South Dakota School of Mines & Technology. The initial lease is anticipated to cover approximately 850 laptops, with estimated total equipment costs of approximately $1,923,000; quantities, configurations, and costs may change. The computers are to be leased for three years with a $1 buyout, and proposals must provide the lease rate factor, interest rate, and semiannual payment amount. The RFP also anticipates additional leases in summers 2028 through 2031.

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