Exhibit B - 48 Month Lease Term.doc

IFB1 2015000105

Exhibit B

IFB IFB1 2015000105 ver. 1

Exhibit B

NOTE- A separate lease schedule shall be submitted for each Unit to be provided

(a) This Price Schedule Form must be completed in its entirety.

(b) The entire Price Proposal must be placed in a separate sealed envelope pre-addressed and marked OPERATING LEASE PROPOSAL FORM - MICR and Cut Sheet Production Printers, IFB NO. IFB1 2015000105 ver. 1 (c) The Financial Proposal envelope is herewith submitted in accordance with the instructions given in the Request for Proposal. Use the below to enter the operating lease costs.

(d) The completed Price Schedule Form constitutes Offeror’s Financial Proposal and fully responds to Invitation for Bid No. IFB1 2015000105 ver. 1. I commit my Offeror to be bound by this Financial Proposal for carrying out the range of services as specified in the solicitation package.

STRUCTURE:

OPERATING LEASE

PROPERTY:

MICR and Cut Sheet Production Printers which meets all requirements of IFB1 2015000105 VER. 1. During the term on the lease the equipment shall be located at 1001 East 62nd Ave, Denver, CO 80216

LEASE TERM:

48 monthly payments in arrears

LEASE RATE:

PREPAYMENT OPTION:

This is an operating lease, and as such the State does not have require a prepayment option, and at the end of the lease the equipment the vendor shall

LESSOR FEES:

DOCUMENT FEES:

TOTAL COST OF LEASE OVER 48 MONTH TERM $____________________________

(for all proposed equipment)

48 Month Lease MICR (or non-MICR) and Cut Sheet Production Printers

Brand of Unit Provided Model of Unit Provided

New or Refurbished

New_________ Refurbished_________ (mark one) Additional charges to be paid by the State on an annual basis during the term of the lease. (Note- These charges shall remain firm through the entire term of the lease).

Bidder shall provide the annual cost of the maintenance agreement based on Section 1. Scope of Work and Requirements and the annual volumes stated in Section 1.2 Volumes.

Bidders providing maintenance plans without “click charges” shall state the annual maintenance cost.

Bidders providing maintenance plans with “click charges” shall state the “click charge” one black and white impression and for one MICR impression and calculate the annual maintenance cost by multiplying the “click charges” by the volumes stated in Section 1.2 Volumes.

“Click Charge” (if applicable) for one (1) Black and White impression

“Click Charge (if applicable) for one MICR impression

ANNUAL COST OF MAINTENANCE AGREEMENT $_______________________

The State will multiply the ANNUAL COST OF MAINTENANCE AGREEMENT by 4 (for 48 month term) to calculate the TOTAL MAINTENANCE COST OVER 48 MONTH TERM.

TOTAL MAINTENANCE COST OVER 48 MONTH TERM $________________

THE TOTAL PRICE FOR AWARD shall be the sum of TOTAL COST OF LEASE OVER 48 MONTH TERM and TOTAL MAINTENANCE COST OVER 48 MONTH TERM.

TOTAL COST OF LEASE OVER 48 MONTH TERM

TOTAL MAINTENANCE COST OVER 48 MONTH TERM

THE TOTAL PRICE FOR AWARD $_______________________

Vendor to list consumables and estimated annual costs for each based on Section 1.2 Volumes:

Based on the criteria in the IFB bidders are required to provide the following information. Any proposal submitted without this information may be considered as non-responsive and removed from award consideration.

Price of all equipment if sold to the State at the Proposer’s standard price for a similar customer

Residual value of all equipment at the end of the forty eight (48) month operating lease term

Price of all software if sold to the State at the Proposer’s standard price for a similar customer

Residual value of all software at the end of the forty eight (48) month operating lease term

Contract Term The Operating Lease awarded will be for a term of forty eight (48) months. No volume of work is guaranteed under this IFB nor is there any guarantee of contract renewal. It is important to note that any proposed lease solution must pass the FASB and GASB criteria for an operating lease based on a __________ month economic life cycle.

NOTE* All bidders are required to provide an economic life cycle (in months) for the equipment bid. Failure to provide this information will result in bid being deemed non-responsive and will be removed from further award consideration.

In compliance with this IFB the undersigned proposes to furnish all labor, materials and equipment in order to provide and install all goods and services as stipulated in the IFB. This shall be done at the price set in this Schedule and in accordance with the Contract terms in this IFB. Additionally, by signing below the bidder attests to the economic life cycle of the equipment bid as stated in their bid response.

See Signature Section on Following Page

(Signature)

(Name)

(Name of Company)

(Address)

(Date)

(Telephone No.)

(Fax No.)

(E-mail Address)