(a) An agency may acquire capital equipment by lease-purchase
if it is cost effective.
(b) If a proposed lease purchase is for information
resources technologies, as defined in Government Code, Title 10, Chapter
2054, Subchapter A, the requisition must include written evidence
that the Department of Information Resources has approved the agency's
biennial operating plan. For other items, the division will determine
the cost effectiveness of a lease purchase. To establish cost effectiveness,
the requisitioning agency should submit the following information:
(1) anticipated interest charges over the life of the
contract;
(2) anticipated cost savings which would result from
outright purchase;
(3) an affirmative statement that the agency reasonably
expects to be able to make payments beyond the current biennium without
requiring an increase in appropriations;
(4) any information requested by the comptroller; and
(5) any other information the agency considers relevant.
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