FY27-30 MO Xerox Lease Extension

The State of Illinois, through its Strategic Sourcing & Procurement organization, awarded a Release Competitive Sealed Proposal contract (25-448DOIT-INFOT-P-71153) to Xerox Corporation (V00004988) effective November 1, 2026, through October 31, 2029. The contract carries a total value of $116,508.60 for a three-year performance period. This contract award leverages the NASPO ValuePoint Multi-Function Devices cooperative purchasing agreement (Contract #187800), enabling Illinois state agencies to procure multi-function device leases at pre-negotiated rates established through the national cooperative purchasing vehicle.

Under this contract, Xerox Corporation will provide leases for multi-function devices at a unit price of $3,236.35 per device, with an initial lease term of 36 months. The line item encompasses 36 multi-function devices and related services, with pricing and terms established by the NASPO ValuePoint framework. State agencies utilizing this contract vehicle may access standardized multi-function device solutions, including hardware and associated software services, at the negotiated rates for the duration of the three-year contract term.