Purchasing
Lease-Purchase Agreements for Instructional Equipment
Section 1725-a of the Education Law authorizes school districts to enter into lease-purchase agreements for instructional equipment subject to the bidding requirements of the General Municipal Law. All such agreements shall be subject to written approval of the Commissioner before execution. Applications for approval of lease-purchase agreements shall be submitted no more than 90 days and no less than 30 days prior to the date of execution of the agreement.
The following link contains the prescribed application form for approval of lease-purchase agreements for use by school districts without the assistance of a BOCES:

Please follow the directions below to complete and file the application form:
Required Documents:
- Cover letter
- Completed and signed Application
- Board resolution that includes approval of full LPA dollar amount, signed/certified by District Clerk
- Financing agreement showing all terms and payment schedule
Additional guidance and/or assistance is available by calling the Office of Educational Management Services at (518) 474-6541.