Operating lease vs lease purchase
[DOC File]LEASE AGREEMENT WITH OPTION TO PURCHASE REAL ESTATE
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(8) COSTS OF IMPROVEMENTS: In the event the Tenant/Buyer exercises the option to purchase set forth in paragraph (4), above, and through no fault of the Tenant/Buyer, the Landlord/Seller fails to convey said property to Tenant/Buyer In accordance with the terms of this Lease/Option, the Tenant/Buyer, in addition to any other rights which Tenant ...
[DOCX File]www.acq.osd.mil
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Before deciding whether to lease or buy equipment, units should consider the following: Estimated length of the period the equipment is to be used and the extent of use within that period. Financial and operating advantages of alternative types and makes of equipment.
[DOC File]HUD Addendum - Final (00102383).DOC
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Except as modified in this CA Addendum, the terms of the Lease and all attachments to the Lease are and shall remain the same and in full force and effect. Approval of CA Addendum by HUD. Pursuant to Section 6-4 D of the HUD Handbook 4350.3 Rev-1, Change 3, this Addendum was approved by HUD effective as of December 18, 2012, for Los Angeles ...
[DOC File]Capitalizing Operating Leases
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The lease contains an option to purchase the leased property at a bargain price. The lease term is equal to or greater than 75% of the estimated useful life of the leased asset. The PV of the lease and other minimum lease payments equals or exceeds 90 percent of the fair value of the leased asset.
[DOCX File]NAVSUP - Naval Supply Systems Command
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PART I - LEASE OR PURCHASE INFORMATION (Requiring Activity Completes). In accordance with FAR 7.4, agencies should consider whether to lease or purchase equipment based on an evaluation of comparative costs. It is necessary to provide the following information and justification that demonstrates whether purchase or leasing is in the best interest of the government.
[DOC File]STANDARD OPERATING PROCEDURES
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• Standard Operating Procedure Overview 6 • Evaluating Internal Controls 7 ... Every contract for the performance of work or the purchase or lease of materials or supplies not exempted by law will be subject to public bidding whenever the aggregate value of such a contract within one fiscal year exceeds the bid threshold established by law. ...
[DOC File]a
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Occupancy - Comply with the following provisions: (a) Borrower must lease 100% of the rentable property to Operating Company; (b) Operating Company may sublease up to 49% of the rentable property; (c) Borrower will not use Loan proceeds to improve or renovate any of the rentable property to be sub-leased.
[DOCX File]Prohibited Items, Items That Often Require Pre-Purchase ...
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Long-term lease of land and buildings-Use of the GPC to lease real property, i.e. land and/or buildings, for a term longer than one month is prohibited. See C-24 for limited short-term rentals. Aircraft Fuel-Use of the GPC to purchase fuel or oil for aircraft is prohibited. Repair of leased GSA vehicles-
[DOC File]University of Rochester
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Operating lease – is a contract which is written for considerably less than the life of the equipment and ownership is not attainted. Purchase Order – PO, document issued by Purchasing to the vendor from the requisition (s) that was prepared by the department administrators that identifies the equipment or items to be purchased.
[DOC File]Revision 2 – Investment Appraisal
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Finance lease. Operating lease. Contract length (years) 4 1 Annual rental. $135,000. $140,000. First rent payable. 31 December 2009. 31 December 2008. General. For both the purchasing and the finance lease option, maintenance costs of $15,000 per year are payable at the end of each year.
[DOC File]Equipment Management Handbook - Perkins (CA Dept of Education)
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The original purchase of equipment or additional equipment, either as a direct purchase or as a lease purchase, must be recorded in object classification 6400, Equipment. Expenditures for piece-by-piece replacement of equipment, either as a direct purchase or a lease purchase, must be charged to object classification 6500, Equipment Replacement.
[DOC File]Harvard University
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Example #1 - Operating vs. Capital Lease . On July 1, HRES entered into an agreement with an external party to lease a building (an asset with a 35-year useful life) for 20 years. The following details are available: Annual lease payments total $520,000 (paid at the end of each year). Lease bonus of $200,000 to be paid at the lease inception.
[DOC File]Simplified Acquisition Procedures - NSF
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The Acquisition official shall consider "life cycle costs" (i.e., the cost of consumables and maintenance costs over a specified period) for lease and purchase analysis. In the example below, the purchaser is considering the relative benefits of purchasing vs. leasing a medium-speed copier.
[DOC File]Document - Babson College
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The operating lease typically provides less of a benefit in this respect, while the synthetic lease provides the same deductions as the ownership option or a capital lease. When it comes to financial reporting, the opposite is more often true. Maximizing profits is the objective, and the operating lease can be more attractive for this purpose.
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