ITC49 - IT Asset Lease Services Reopening

The Commonwealth of Massachusetts is re-opening the solicitation for contract ITC49 - IT Asset Lease Services to obtain additional bids from vendors. The resulting contract will be the primary statewide contract used by executive agencies and other eligible entities within the Commonwealth to obtain term leasing services for IT assets, including equipment, software, and peripherals. Bidders must demonstrate a minimum of 5 years of experience providing lease services, have acted as a lease financier in at least 3 prior government lease agreements, and be willing to provide a minimum of $2 million in lease financing per year. The initial contract term is 4 years, with one 1-year renewal option for a maximum term of 5 years. Pricing and financing requirements are outlined, including the expectation that selected contractors will manage the full life-cycle of lease schedules. The estimated value of the contract is $64 million.

This re-opening is specifically to solicit new vendors, as existing contractors on the current ITC49 contract do not need to re-apply. There are no set-asides identified, but the RFR requires bidders to make a significant commitment to partner with certified minority-, women-, and service-disabled veteran-owned businesses, with supplier diversity program participation accounting for at least 10% of the total evaluation points. The Commonwealth plans to reopen the solicitation at various intervals over the first year to obtain additional bids.