5th year of a 5 year lease on Minolta Bizhub 558e with 15,000 copies monthly/180,000 annually… and 3 more items

Edwards Business Machines Inc was awarded a contract by the University of Virginia on June 16, 2026, for the provision of Minolta Bizhub 558e multifunction copier leasing services. The cumulative contract value is $11,865.58. The equipment is to be delivered to the Oxbow Center located at 16620 East Riverside Drive, St. Paul, Virginia. The contract encompasses multiple lease years and extension periods for the copier equipment, with monthly copy allowances of 15,000 copies (180,000 annually) included in the base lease terms.

The contract structure includes renewal and extension provisions spanning multiple fiscal years, with lease payments calculated at $268.62 per unit for certain periods and a 12-month extension priced at $6,124.56. Overage charges for copies exceeding the monthly allowance are billed at $0.0006 per copy. The line items indicate quantities ranging from 1 to 12 units across different contract periods, reflecting the University of Virginia's equipment positioning at the specified delivery location and associated lease administration requirements throughout the contract performance period.