Sentences with phrase «equipment is purchased outright»

Haefner points out that leasing can help avoid the big cash crimp that can result when equipment is purchased outright.

Not exact matches

The first is to purchase and install the needed equipment at a point during the year where additional volume warrants the expenditure, thereby assuring sufficient cash flow to handle the additional debt service or the outright purchase of the equipment.

ClaaS is designed to help schools: · Maximise their budget with savings that can amount to as much as 40 percent when compared to an outright purchase · Release capital from their existing IT assets to help finance their new ClaaS subscription · Receive ongoing servicing, training and maintenance which is covered by the agreement, ensuring schools and teachers get the most from technology · Add more equipment and services as and when required · Potentially include other equipment and services such as; tablets, PCs, printers and Wi - Fi from other best of breed suppliers · Build in a regular refresh to ensure they always have the latest learning technology · Be flexible: choose a convenient term length (for example: 3, 4 or 5 years) with the ability to renew the contract, negotiate a new contract or end the contract at the end of the original term Jane Ashworth, UK Managing Director, SMART Technologies commented: «We are thrilled to announce Crystalised as our third distributor in the UK, effective October 1st.

How to lease well Before obtaining quotations or conducting a tender procedure for equipment, the school or academy should conduct normal good practice pre-procurement steps as for any other procurement, such as: a pre-procurement review, identification of the school's requirements; preparation of a statement of requirements in a form suitable for use as the specification for the invitation to tender; preparation of evaluation criteria; and careful consideration of the cost of leasing against the cost of an outright purchase, is the item in question suitable for an operating lease, will it need replacing frequently and what are the associated costs?

Leasing could be an ideal solution for schools that want the latest equipment, without the large one - off payment needed for an outright purchase.