1717417299_HP_Amd02_executed+(1).pdf

Amendment No. 02 to NASPO Master Agreement 23011 Page 1 of 1

AMENDMENT NO. 02 TO NASPO MASTER AGREEMENT 23011

THIS AMENDMENT is by and between the State of Minnesota, acting through its Commissioner of Administration (“State”), and HP, Inc., 1501 Page Mill Road, Palo Alto, CA 94304-1126 (“Contractor”).

WHEREAS, the State has an agreement with the Contractor identified as NASPO Master Agreement 23011, July 1, 2023, through June 30, 2025 (“Master Agreement”), to provide Computer Equipment, Peripherals, & Related Services; and

WHEREAS, Minn. Stat. § 16C.03, subd. 5, affords the Commissioner of Administration, or delegate pursuant to Minn.

Stat. § 16C.03, subd. 16, the authority to amend contracts; and

WHEREAS, the terms of the Master Agreement allow the State to amend the Master Agreement as specified herein, upon the mutual agreement of the Office of State Procurement and the Contractor in a fully executed amendment to the Master Agreement.

NOW, THEREFORE, it is agreed by the parties to amend the Master Agreement as follows:

1. That Exhibit D: Price Schedule to Master Agreement 23011 is deleted in its entirety and replaced with the attached “Exhibit D: Price Schedule, Amendment 02.”

This Amendment is effective beginning upon the date that the final required signatures are obtained, and shall remain in effect through contract expiration, or until the Master Agreement is canceled, whichever occurs first.

Except as herein amended, the provisions of the Master Agreement between the parties hereto are expressly reaffirmed and remain in full force and effect.

IN WITNESS WHEREOF, the parties have caused this Amendment to be duly executed intending to be bound thereby.

1. HP, Inc.

The Contractor certifies that the appropriate person(s) have executed this Amendment on behalf of the Contractor as required by applicable articles, bylaws, resolutions, or ordinances.

By:

Signature

Printed Name

Title:

Date:

2. OFFICE OF STATE PROCUREMENT

In accordance with Minn. Stat. § 16C.03, subd. 3.

By:

Signature

Printed Name

Title:

Date:

3. COMMISSIONER OF ADMINISTRATION

Or delegated representative.

By:

Signature

Printed Name

Title:

Date:

DocuSign Envelope ID: F13C8671-4E34-40CD-A37A-9184B20E6F2B

5/31/2024

Contracts Specialist

Colleen Lively Acquisition Management Specialist

Elizabeth M. Randa

5/31/2024

5/31/2024

IT Acquisitions Supervisor

Andy Doran

Exhibit D: Price Schedule Amendment 02

NASPO ValuePoint Computer Equipment (2023-2028)

CONTROL SET

Master Agreement: 23011 Contractor Name: HP Inc.

Awarded Bands:

x Band 1: Personal Computing Devices (Windows) x Band 2: Personal Computing Devices (Non-Windows)

Band 3: Servers and Storage

Band Category

Code Category Description

Discount off Baseline List

1 1B Band 1 - Minimum Discount 13.0% 1 1B-1 Desktops Entry-Level & Specialty Desktops (includes AIO) 18.0% 1 1B-2 Desktops Mid-Range 23.0% 1 1B-3 Desktops High-End 23.0% 1 1B-4 Retail Solutions 18.0% 1 1B-5 Desktop CTO (Configure To Order) Systems 18.0%

1 1B-6 Desktop CTO configure to order system bundled in one customer part number

18.0%

1 1B-7 Desktop Options and Accessories 21.0% 1 1B-8 Entry / Value Workstations 24.0% 1 1B-9 Mid-Range Workstations 24.0% 1 1B-10 High-End Workstations 26.0% 1 1B-11 Workstation CTO (Configure To Order) Systems 24.0%

1 1B-12 Workstation CTO configure to order system bundled in one customer part number

24.0%

1 1B-13 Workstation Options and Accessories 24.0% 1 1B-14 Thin Clients 18.0% 1 1B-15 Thin Client Options and Accessories 18.0% 1 1B-16 Chromebook 1.0% 1 1B-17 Specialty Tablets; Mini Tablet, Elite pad 20.0% 1 1B-18 Entry Level Tablets 20.0% 1 1B-19 Ultra-light & Tablet PCs 23.0% 1 1B-20 Mid-Range Tablets 21.0% 1 1B-21 Entry-Level Notebooks 17.0% 1 1B-22 Value Notebooks 13.0% 1 1B-23 Mid-Range Notebooks, ProBook Series 21.0% 1 1B-24 Notebook High-End and workstation mobility 24.0% 1 1B-25 Notebook & Tablet PC CTO Modules 21.0% 1 1B-26 Notebook & Tablet Options and Accessories 21.0% 1 1B-27 Notebook Accessories - Education Software 30.0% 1 1B-28 All HP Smart Buys/Promotions/Specials 1.0% 1 1B-29 Peripherals All HP Commercial Monitors 20.0% 1 1B-30 Peripherals Monitor Options and Accessories 20.0%

DocuSign Envelope ID: F13C8671-4E34-40CD-A37A-9184B20E6F2B

Band Category

Code Category Description

Discount off Baseline List

1 1B-31 Peripherals All HP Printers including, but not limited to All-in-One, Multifunction, LaserJet, Inkjet, Large Format Printer Models

28.0%

1 1B-32 Peripherals All HP Scanners 28.0% 1 1B-33 Peripherals All Printer and Scanner Options & Accessories 28.0% 1 1B-34 Peripheral LaserJet cartridges 25.0% 1 1B-35 Peripherals InkJet cartridges 20.0% 1 1B-36 Peripherals DesignJet Ink/Cartridges 23.0% 1 1B-37 Peripherals Access Control for Print 28.0% 1 1B-38 All Peripheral Smart Buys/Promotions/Specials 1.0% 1 1B-39 OMEN EsPort/Gaming notebooks including accessories/options 5.0% 1 1B-40 Poly Conf Room Video 14.0% 1 1B-41 Poly Video Conf Webcams 5.0% 1 1B-42 Poly Video Conferencing 8.0% 1 1T Band 1 - Third Party Product Minimum Discount 5.0%

1 1T-1 APC 15.0%

1 1T-2 All Third Party Hardware 10.0% 1 1T-3 All Third Party Software 5.0% 2 2B Band 2 - Minimum Discount 13.0% 2 2B-1 Desktops Entry-Level & Specialty Desktops (includes AIO) 18.0% 2 2B-2 Desktops Mid-Range 23.0% 2 2B-3 Desktops High-End 23.0% 2 2B-4 Retail Solutions 18.0% 2 2B-5 Desktop CTO (Configure To Order) Systems 18.0%

2 2B-6 Desktop CTO configure to order system bundled in one customer part number

18.0%

2 2B-7 Desktop Options and Accessories 21.0% 2 2B-8 Entry / Value Workstations 24.0% 2 2B-9 Mid-Range Workstations 24.0% 2 2B-10 High-End Workstations 26.0% 2 2B-11 Workstation CTO (Configure To Order) Systems 24.0%

2 2B-12 Workstation CTO configure to order system bundled in one customer part number

24.0%

2 2B-13 Workstation Options and Accessories 24.0% 2 2B-14 Thin Clients 18.0% 2 2B-15 Thin Client Options and Accessories 18.0% 2 2B-16 Chromebook 1.0% 2 2B-17 Specialty Tablets; Mini Tablet, Elite pad 20.0% 2 2B-18 Entry Level Tablets 20.0% 2 2B-19 Ultra-light & Tablet PCs 23.0% 2 2B-20 Mid-Range Tablets 21.0% 2 2B-21 Entry-Level Notebooks 17.0% 2 2B-22 Value Notebooks 13.0% 2 2B-23 Mid-Range Notebooks, ProBook Series 21.0% 2 2B-24 Notebook High-End and workstation mobility 24.0% 2 2B-25 Notebook & Tablet PC CTO Modules 21.0%

Band Category

Code Category Description

Discount off Baseline List

2 2B-26 Notebook & Tablet Options and Accessories 21.0% 2 2B-27 Notebook Accessories - Education Software 30.0% 2 2B-28 All HP Smart Buys/Promotions/Specials 1.0% 2 2B-29 Peripherals All HP Commercial Monitors 20.0% 2 2B-30 Peripherals Monitor Options and Accessories 20.0%

2 2B-31 Peripherals All HP Printers including, but not limited to All-in-One, Multifunction, LaserJet, Inkjet, Large Format Printer Models

28.0%

2 2B-32 Peripherals All HP Scanners 28.0% 2 2B-33 Peripherals All Printer and Scanner Options & Accessories 28.0% 2 2B-34 Peripheral LaserJet cartridges 25.0% 2 2B-35 Peripherals InkJet cartridges 20.0% 2 2B-36 Peripherals DesignJet Ink/Cartridges 23.0% 2 2B-37 Peripherals Access Control for Print 28.0% 2 2B-38 All Peripheral Smart Buys/Promotions/Specials 1.0% 2 2B-39 OMEN EsPort/Gaming notebooks including accessories/options 5.0% 2 2B-40 Poly Conf Room Video 14.0% 2 2B-41 Poly Video Conf Webcams 5.0% 2 2B-42 Poly Video Conferencing 8.0% 2 2T Band 2 - Third Party Product Minimum Discount 5.0%

2 2T-1 APC 15.0%

2 2T-2 All Third Party Hardware 10.0% 2 2T-3 All Third Party Software 5.0%

S Custom Services 10.0% S HP Care Pack Services 24.0% S HP Care Pack Services Smart Buys (promotions/specials) 1.0% S Prebuilt standard HP Image Load & Consulting 10.0% S HP standard Asset Tags 10.0% S Value Added Logistics 10.0% S Onsite Deployment/Installation 10.0% S HP Proactive Management Solutions 10.0% S HP Proactive Security Solutions 10.0% S HP Device Recovery Services 10.0% S HP Poly Services 2.0%

Discount Structure

Master Agreement: 23011 Contractor Name: HP Inc.

Baseline Price List: Posted on Contractor's dedicated NASPO ValuePoint website

Band 1: Personal Computer Equipment (Windows OS)

Band Category

Code Category Description

Discount off Baseline List

1 1B Band 1 - Minimum Discount 13.0% 1 1B-1 Desktops Entry-Level & Specialty Desktops (includes AIO) 18.0% 1 1B-2 Desktops Mid-Range 23.0% 1 1B-3 Desktops High-End 23.0% 1 1B-4 Retail Solutions 18.0% 1 1B-5 Desktop CTO (Configure To Order) Systems 18.0%

1 1B-6 Desktop CTO configure to order system bundled in one customer part number

18.0%

1 1B-7 Desktop Options and Accessories 21.0% 1 1B-8 Entry / Value Workstations 24.0% 1 1B-9 Mid-Range Workstations 24.0% 1 1B-10 High-End Workstations 26.0% 1 1B-11 Workstation CTO (Configure To Order) Systems 24.0%

1 1B-12 Workstation CTO configure to order system bundled in one customer part number

24.0%

1 1B-13 Workstation Options and Accessories 24.0% 1 1B-14 Thin Clients 18.0% 1 1B-15 Thin Client Options and Accessories 18.0% 1 1B-16 Chromebook 1.0% 1 1B-17 Specialty Tablets; Mini Tablet, Elite pad 20.0% 1 1B-18 Entry Level Tablets 20.0% 1 1B-19 Ultra-light & Tablet PCs 23.0% 1 1B-20 Mid-Range Tablets 21.0% 1 1B-21 Entry-Level Notebooks 17.0% 1 1B-22 Value Notebooks 13.0% 1 1B-23 Mid-Range Notebooks, ProBook Series 21.0% 1 1B-24 Notebook High-End and workstation mobility 24.0% 1 1B-25 Notebook & Tablet PC CTO Modules 21.0% 1 1B-26 Notebook & Tablet Options and Accessories 21.0% 1 1B-27 Notebook Accessories - Education Software 30.0% 1 1B-28 All HP Smart Buys/Promotions/Specials 1.0% 1 1B-29 Peripherals All HP Commercial Monitors 20.0% 1 1B-30 Peripherals Monitor Options and Accessories 20.0%

1 1B-31 Peripherals All HP Printers including, but not limited to All-in-One, Multifunction, LaserJet, Inkjet, Large Format Printer Models

28.0%

1 1B-32 Peripherals All HP Scanners 28.0% 1 1B-33 Peripherals All Printer and Scanner Options & Accessories 28.0% 1 1B-34 Peripheral LaserJet cartridges 25.0% 1 1B-35 Peripherals InkJet cartridges 20.0%

Discount Structure

Band Category

Code Category Description

Discount off Baseline List

1 1B-36 Peripherals DesignJet Ink/Cartridges 23.0% 1 1B-37 Peripherals Access Control for Print 28.0% 1 1B-38 All Peripheral Smart Buys/Promotions/Specials 1.0% 1 1B-39 OMEN EsPort/Gaming notebooks including accessories/options 5.0% 1 1B-40 Poly Conf Room Video 14.0% 1 1B-41 Poly Video Conf Webcams 5.0% 1 1B-42 Poly Video Conferencing 8.0% 1 1T Band 1 - Third Party Product Minimum Discount 5.0%

1 1T-1 APC 15.0%

1 1T-2 All Third Party Hardware 10.0% 1 1T-3 All Third Party Software 5.0%

Band 2: Personal Computer Equipment (Non-Windows OS)

Band Category

Code Category Description

Discount off Baseline List

2 2B Band 2 - Minimum Discount 13.0% 2 2B-1 Desktops Entry-Level & Specialty Desktops (includes AIO) 18.0% 2 2B-2 Desktops Mid-Range 23.0% 2 2B-3 Desktops High-End 23.0% 2 2B-4 Retail Solutions 18.0% 2 2B-5 Desktop CTO (Configure To Order) Systems 18.0%

2 2B-6 Desktop CTO configure to order system bundled in one customer part number

18.0%

2 2B-7 Desktop Options and Accessories 21.0% 2 2B-8 Entry / Value Workstations 24.0% 2 2B-9 Mid-Range Workstations 24.0% 2 2B-10 High-End Workstations 26.0% 2 2B-11 Workstation CTO (Configure To Order) Systems 24.0%

2 2B-12 Workstation CTO configure to order system bundled in one customer part number

24.0%

2 2B-13 Workstation Options and Accessories 24.0% 2 2B-14 Thin Clients 18.0% 2 2B-15 Thin Client Options and Accessories 18.0% 2 2B-16 Chromebook 1.0% 2 2B-17 Specialty Tablets; Mini Tablet, Elite pad 20.0% 2 2B-18 Entry Level Tablets 20.0% 2 2B-19 Ultra-light & Tablet PCs 23.0% 2 2B-20 Mid-Range Tablets 21.0% 2 2B-21 Entry-Level Notebooks 17.0% 2 2B-22 Value Notebooks 13.0% 2 2B-23 Mid-Range Notebooks, ProBook Series 21.0% 2 2B-24 Notebook High-End and workstation mobility 24.0% 2 2B-25 Notebook & Tablet PC CTO Modules 21.0% 2 2B-26 Notebook & Tablet Options and Accessories 21.0% 2 2B-27 Notebook Accessories - Education Software 30.0%

Discount Structure

Band Category

Code Category Description

Discount off Baseline List

2 2B-28 All HP Smart Buys/Promotions/Specials 1.0% 2 2B-29 Peripherals All HP Commercial Monitors 20.0% 2 2B-30 Peripherals Monitor Options and Accessories 20.0%

2 2B-31 Peripherals All HP Printers including, but not limited to All-in-One, Multifunction, LaserJet, Inkjet, Large Format Printer Models

28.0%

2 2B-32 Peripherals All HP Scanners 28.0% 2 2B-33 Peripherals All Printer and Scanner Options & Accessories 28.0% 2 2B-34 Peripheral LaserJet cartridges 25.0% 2 2B-35 Peripherals InkJet cartridges 20.0% 2 2B-36 Peripherals DesignJet Ink/Cartridges 23.0% 2 2B-37 Peripherals Access Control for Print 28.0% 2 2B-38 All Peripheral Smart Buys/Promotions/Specials 1.0% 2 2B-39 OMEN EsPort/Gaming notebooks including accessories/options 5.0% 2 2B-40 Poly Conf Room Video 14.0% 2 2B-41 Poly Video Conf Webcams 5.0% 2 2B-42 Poly Video Conferencing 8.0% 2 2T Band 2 - Third Party Product Minimum Discount 5.0%

2 2T-1 APC 15.0%

2 2T-2 All Third Party Hardware 10.0% 2 2T-3 All Third Party Software 5.0%

Volume-Based Discounts

Master Agreement: 23011 Contractor Name: HP Inc.

1. Per Transaction Multiple Unit Discount(s)

Category Min $ Single Transaction

Max $ Single Transaction

Per Transaction Multiple Unit Discount

Desktops & Workstations $101,000.00 $1,000,000.00 10-15% off HP List Price (est.)

fixed price (Big Deal) volume offer

Desktops & Workstations > $1,000,000.00 no max 16-26% off HP List Price (est.)

fixed price (Big Deal) volume offer

Notebooks $101,000.00 $1,000,000.00 6-15% off HP List Price (est.)

fixed price (Big Deal) volume offer

Notebooks > $1,000,000.00 no max 16-19% off HP List Price (est.)

fixed price (Big Deal) Volume offer

Tablets $101,000.00 $1,000,000.00 5-7% off HP List Price (est.)

fixed price (Big Deal) Volume offer

Tablets > $1,000,000.00 no max 8-17% off HP List Price (est.)

fixed price (Big Deal) Volume offer

Thin Clients $101,000.00 $1,000,000.00 12-21% off HP List Price (est.)

fixed price (Big Deal) Volume offer

Thin Clients > $1,000,000.00 no max 22-27% off HP List Price (est.)

fixed price (Big Deal) Volume offer

Monitors $101,000.00 $1,000,000.00 2-4% off HP List Price (est.)

fixed price (Big Deal) Volume offer

Monitors > $1,000,000.00 no max 5-7% off HP List Price (est.)

fixed price (Big Deal) Volume offer

All Awarded Bands

The estimated additional Volume Discount pricing below may be available by contacting your HP Sales Representative. Be sure to provide HP with your product selection/combination, quantities, timeline of purchase or any other additional information in order to obtain these additional discounts. These discounts exclude HP Smart Buy/Promotions/Specials/Chromebooks and some products within the category as determined by the OEM. (Competitive volume pricing may be available for Chromebooks and product categories not listed, but additional discounts may vary.)

Contractor provides a contractual volume discount program as follows based on dollars in a single purchase order or combination of purchase orders submitted at one time by a Purchasing Entity, or multiple entities conducting a cooperative purchase.

Volume-Based Discounts

2. Cumulative Discount(s)

Contract Sales Additional Discount

For a Product Series in an Additional Category

Minimum Band Discount Increase

$900,000,000.00 to $1,000,000,000

1.0% 2.0%

$1,000,000,001 to $1,200,000,000

2.0% 3.0%

$1,200,000,001 to $1,500,000,000

3.0% 4.0%

Over $1,500,000,000 4.0% 5.0%

3. Other Discount(s) Additional discount(s) available.

Bulk Purchase Threshold if applicable Additional Discount

5,000 to 10,000 units 5,000 to 10,000 PCs per Purchase Order

1.0%

10,001 or more units 5,000 to 10,000 PCs per Purchase Order

2.0%

Upon procuring agency request and proper coordination with the HP Account Manager, HP may offer an additional discount or technology fee based on the agency request over the volume price for "Bulk Buy Purchases" for HP product categories offered (excludes Chromebook/Smart Buys/Promotions/Specials) of HP-branded products during a pre-selected time period (60-90 days). For example, if a procuring entity decides to do a one-time “Bulk Buy” for the purchase of 5,000 select configuration(s), the agency could qualify for a one-time additional discount or technology fee as mutually agreed and negotiated with that specific procuring entity.

After review and analysis of the cumulative purchases at the end of each year of the Master Agreement, if HP and NASPO determine that the volumes are reached, these discounts will be passed directly to the Master Agreement based on the Lead State approval for participants and procuring entities to utilize as additional cost savings on HP products. These cumulative discounts are only potential for future potential minimum band discount or potential product services, as determined by HP.

Contractor provides a cumulative volume discount as follows based on dollars resulting from the cumulative purchases by all purchases made by Purchasing Entities for the duration of the Master Agreement.

Services

Master Agreement: 23011 Contractor Name: HP Inc.

Travel for Services will be negotiated with each Participating Entity in the Participating Addendum.

All Awarded Bands Category Code Description of Service Percent Discount

S Custom Services 10.0% S HP Care Pack Services 24.0% S HP Care Pack Services Smart Buys (promotions/specials) 1.0% S Prebuilt standard HP Image Load & Consulting 10.0% S HP standard Asset Tags 10.0% S Value Added Logistics 10.0% S Onsite Deployment/Installation 10.0% S HP Proactive Management Solutions 10.0% S HP Proactive Security Solutions 10.0% S HP Device Recovery Services 10.0% S HP Poly Services 2.0%

HP Care Pack Services: Uplifted & extended warranties, installation, training and other related pre-built standard services

Each Purchasing Entity will determine if and how services will be offered in the Participating Addendum.

Custom Services: (HP directly or approved Servicing Sub) Installation/de-installation, maintenance, support, training, migration, and optimization of products offered or supplied under the Master Price Agreement.

These types of services may include, but are not limited to: warranty services, maintenance, installation, de-installation, factory integration (software or equipment components), asset management, recycling/disposal, training and certification, pre-implementation design, disaster recovery planning and support, service desk/helpdesk, and any other directly related technical support service required for the effective operation of a product offered or supplied.

Lease Rates

Master Agreement: 23011 Contractor Name: HP Inc.

Optional: Lease Rates

Lease are provided on the PSS. Rates may be subject to change quarterly.

Fair Market Value/True Lease:

Tax Exempt Tech Refresh:

All Awarded Bands

For customers that want to lower their cost of using the equipment and retain maximum flexibility at the end of the lease, Hewlett-Packard Financial Services Company offers a fair market value lease (also known as a true lease). This “pay-as-you-go" structure helps you stretch your budget dollars to get the technology you need today. At the end of the lease term, you have several options: 1) return the equipment without penalty; 2) renew the lease for a specified renewal term at a negotiated lease payment amount; 3) purchase the equipment at its then fair market value; or 4) extend the original term and continue to make the same periodic lease payments until you are ready to exercise one of the three previously listed options. This plan may help customers avoid technology obsolescence and asset disposition costs.

Hewlett-Packard Financial Services Company does allow customers to enter into a month-to-month extension at the end of each lease agreement if they find it necessary to maintain their existing leased equipment for longer than the original lease timeframe. Hewlett-Packard Financial Services Company also has a package and shipping service that can be incorporated into the lease contract upfront for returns of equipment at lease end. This service can be very valuable when budgeting for your technology costs.

Tech Refresh is structured as a Tax-Exempt Installment Sale with an option on the last payment to return the equipment (and acquire new) or make the payment and own the equipment outright. The standard offer calls for payments to be made annually in advance, though additional structures may be tailored to accommodate budget restrictions. The final (or option) payment is a set amount of the original purchase price of the equipment and is an estimate of the wholesale value of the equipment at the time of the option. The balance of the cost is amortized over the term. The benefit is that an entity is not locked into any one particular deal; it can purchase the equipment or return it and get new technology.

Other important elements of the Tech Refresh structure are listed below.

• Lessee must provide an irrevocable written election of notice of its intent to refresh or purchase 3 months prior to the refresh period. On the 48-month term the refresh point is month 36 which requires notification at month 33. On the 60-month term the refresh point is month 48 which requires notification at month 45. Sample buyout goes into effect if refresh option is not exercised.

• The option cannot be exercised if an event of default has occurred and is continuing

• Tech Refresh is offered only as a Tax-Exempt Installment Sale structure

• Lessee must be committed to acquire and lease similar equipment prior to exercising the option

• There is only one refresh opportunity during the lease

Hewlett-Packard Financial Services Company offers the following lease options: (1) Fair Market Value/True Lease; (2) Tax Exempt Tech Refresh; and (3) Tax Exempt Installment Sale (Lease Purchase).

Lease Rates

Tax Exempt Installment Sale (Lease Purchase):

In a Tax-exempt Installment Sale structure, payments consist of both principal and interest, with the interest being excludable from the Lessor’s gross income for Federal income tax purposes. During the term of the Lease the Concluding Payment – primarily consisting of unpaid principal – declines as each Lease Payment is made and applied. Under this structure Title typically passes to the Lessee at the Lease Acceptance and the Lessor files a security interest in the equipment. Once the original base Lease Payments are made the Lessee owns the equipment free and clear.

Prompt Payment Discount

Master Agreement: 23011 Contractor Name: HP Inc.

in 30 in 15, Net 30 in 10, Net 30

X Net 30

All Awarded Bands

Other (specify):