Leasing of IT Assets for Stoke-on-Trent City Council
Awarded 29 Mar 2019
About
Stoke-on-Trent City Council awarded a contract to Triple Point Lease Partners for the leasing of IT assets.
The contract involved a finance lease for IT assets valued at GBP 16,518 + VAT over 3 years and GBP 470,569.37 + VAT over 4 years, with total asset cost of GBP 487,087 + VAT.
The Council considered either lease classification for accounting purposes with a drawdown forecast for end of February 2019.
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