About this opportunity
AI summaryThe South Dakota Board of Regents (SDBOR) requests proposals from qualified financial companies to execute a three-year Master Lease Agreement for laptop computers. The initial lease covers approximately 350 laptops for Dakota State University at an estimated $732,000 and 500 laptops for the South Dakota School of Mines & Technology at an estimated $1,191,000, totaling roughly $1,923,000 in equipment. Additional institutions under SDBOR reserve the right to participate later. Only USA-based onshore organizations are eligible to bid. Offerors must submit written or email inquiries to Raleigh Tiahrt by November 2, 2026. Final proposals must be emailed to [email protected] in Word and PDF formats by November 13, 2026. Proposals must include the signed RFP cover form, an Executive Summary, lease rate factors, interest rates, semiannual payment amounts, standard lease forms, and three public university references. Evaluators will assess proposals using subjective judgment based on criteria including the effective interest rate.
Buyer and opportunity details
- Client
- South Dakota Board of Regents
- Solicitation No.
- BOR10262026
Scope of work
- Non-exclusive Master Lease Agreement for laptop computers
- Lease of approximately 350 laptop computers for DSU
- Lease of approximately 500 laptop computers for SDSMT
- Provision of $1 buyout option at the end of the three-year term
- Semiannual payments on October 1 and March 1 of each lease year
- Future additional leases commencing in summer 2028, 2029, 2030, and 2031 under the Master Lease Agreement
How proposals are evaluated
| Criterion | Weight / scoring |
|---|---|
| Effective Interest Rate | Not specified |
| Lease terms | Not specified |
| References | Not specified |
Minimum qualifications
- Qualified financial company
- Not in arrears upon any obligations to the State of South Dakota
- Not debarred, suspended, proposed for debarment, declared ineligible, or voluntarily excluded by any Federal department or agency
- Compliance with non-discrimination in employment practices
Documents to include with your response
- Completed and signed RFP Cover Sheet / Form
- Executive Summary
- Lease rate factor, interest rate, and semiannual payment amount breakdown
- Firm's standard lease forms and required documentation
- Three references from public universities for lease funding financial services
- Written explanation if unable to certify regarding debarment and suspension
Key dates
- RFP Publication
- Monday, October 26, 2026
- Deadline for Submission of Written Inquiries
- Monday, November 2, 2026
- Responses to Offeror Questions
- Thursday, November 5, 2026
- Proposals due
- NOVEMBER 13, 2026
- Anticipated Award Decision/Contract Negotiation
- Thursday, December 10, 2026
- Delivery of computers expected by
- June 1, 2027
How to submit
- Method
- Instructions
- Submitted in Word and .pdf formats via email to the USD Purchasing Office. Must include the completed and signed cover sheet/RFP form and an Executive Summary. Proposals should be page numbered with an index or table of contents.
Contract details
- Term
- Three years
- Estimated value
- $1,923,000
- Place of performance
- Dakota State University (DSU) and South Dakota School of Mines & Technology (SDSMT), South Dakota
