Wellington

Selecting Lot 3 of RM1599 includes the latest HP equipment with their wide array inkjet and officejet printers and does not exclude the contents of Lot 2. http://www.neupc.ac.uk/agreements/item/rm1599-multifunctional-devices-and-services-managed-print-service-and-print-audit-services I hope this helps

If true then they deserve to shoulder the loss. More likely that the bank/financial institution representative compiling the lease agreement will have been influenced by the commission and ignored the downside.

I can understand how a HT could be tucked up with inappropriate hardware on the understanding that it was provided free. What I fail to understand is how a financial institution would arrange a lease for a value far in access of the true value of the hardware. After all the hardware remains the property of the Leasing Company until the contract is complete. All credit to Clydesdale Bank for cancelling the debts for schools effected by their contracts. I think their action is likely to be repeated by the larger banks as more publicity highlights this, in my opinion, malpractice.

http://www.bbc.co.uk/news/education-19681437 Panorama tonight investigates issues that should be of interest to all schools involved in procurement. A copier for £174,000, is this a record? What is the most paid for a single copier?

If this means increased budgets for Academies and freedom to purchase IT equipment from more competitive sources then it has to be a good policy.