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Framework contract
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Many non-framework contracts
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Simple payment profile – three years means 12 quarterly payments
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Possibility of double payments at start or end of agreement
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No additional upfront fees, such as documentation fees
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Often documentation fees of up to £250
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No fee to collect devices at the end of the contract
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Device returned at customers expense to lease company nominated location (up to £300 per device)
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Pricing is controlled, so leases are operating leases which is the only type schools may sign
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No guarantee that it is an operating lease, is the signatory at risk?
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Early termination means only balance of rentals (less 10%) paid
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Early termination means full balance of rentals paid plus an element of service payments, which could be as much the predicted service spend to the end of the prime contract period. Termination notice may be six months even at end of contract
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No minimum quarterly charge for service clicks, billed quarterly in arrears as actual readings
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Quarterly minimum charged quarterly in advance
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Contract flexibility to allow an element of upgrade/downgrade return without penalty
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All changes involve a settlement/upgrade fee
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Single contract with supplier
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Service contract with supplier, lease contract with 3rd party leasing company
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Fixed rental and click rates for contract period
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Rentals should be fixed but click rates may rise annually and may not be pegged to RPI, could be 10% or more.
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A3 charged at same rate as A4
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A3 may be charged as 2 x A4
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All mono and colour toner included
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Toner may be chargeable, be careful of low coverage limits
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Staples included
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Staples chargeable
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Training included
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Various types of training may be chargeable
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Connection to network included
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Set up on your network may be chargeable
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Meter reads submitted automatically by device
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Fill in meter card or submit online
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Toner ordered automatically by device
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Telephone to order toner
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