Insert Feeder & Furniture,48 MO Lease

The State of Texas, through the Teacher Retirement System (TRS), awarded a term contract to Quadient, Inc., a contractor based in Milford, Connecticut, for mailroom equipment and supplies. The specific deliverable consists of a 48-month lease of an Insert Feeder & Furniture unit (Model DS7IQINSERTFDR). The contract was established under existing Term Contract 985-C1 and formalized via Purchase Order No. 26242148, issued on April 21, 2026, with an effective service commencement date of July 1, 2026. The cumulative contract value is $13,946.88, calculated at a unit rate of $290.56 per month over the 48-month lease period. Delivery is scheduled for May 21, 2026, with a 30-day advance receive order window.

Performance of services will be rendered to the Teacher Retirement System in Texas. Invoicing and payment administration will be conducted through the TRS PAVES system, with payment due within 30 days pursuant to Texas Government Code Section 2251. The State of Texas claims a sales tax exemption for this procurement of tangible personal property under Texas Tax Code Section 151.309(4). The contract completion date is scheduled for May 14, 2026, though this date appears inconsistent with the stated 48-month lease term commencing July 1, 2026, and should be clarified with the contracting organization.