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Red Oak ISD approves $1.11M lease-to-own for Verkada cameras and access control
Summary
The board approved a $1,113,445 lease of Verkada cameras and access control through Insight Financial Services under Choice Partners contract #22/043KN-07. The motion passed unanimously.
Red Oak ISD approved a lease-to-own arrangement for Verkada cameras and access control equipment totaling $1,113,445, presented by Josh Crutchfield, director of information technology. Mr. Brian Sebring moved to approve the lease from Tessera through Insight Financial Services under Choice Partners contract #22/043KN-07; Mr. Sean Kelly seconded and the motion passed 7–0.
The minutes identify the vendor (Verkada), financing route (Insight Financial Services) and the procurement vehicle (Choice Partners contract #22/043KN-07). The minutes do not include a payment schedule or longer-term financing terms.
