logo-education
0370 270 6000

already registered?

Please sign in with your existing account details.

need to register?

Register to access exclusive content, sign up to receive our updates and personalise your experience on brownejacobson.com.

Privacy statement - Terms and conditions

Forgotten your password?

Leasing office equipment: no such thing as a free lunch

1 May 2012

Reports of schools entering poor value equipment leasing arrangements highlight an issue that is now more relevant than ever as academies take responsibility for their own contracts.

Many contract problems stem from unclear terms and conditions, such as complex cash-back arrangements provided by intermediaries (often agreed verbally with nothing in writing). This makes cash back arrangements difficult to pursue and can and has left schools on the hook for the full, often inflated charges. For example when the intermediary ceases trading, leaving the school unable to recover cash-back payments directly from the finance company.

Schools should compare the cost of purchasing the equipment from an independent supplier, and against more straightforward arrangements without cash-back. Particular care should always be taken over cash-back schemes and other complex proposals. It may in any event be a good time for schools - particularly academies directly responsible for these issues - to consider their approach to procuring private sector contracts.

Related opinions

Does the move into Step 4 mean the ending of Covid-19 restrictions within schools?

With the Prime Ministers announcement that he intends for Step 4 to begin on 19 July, this will also bring an end to the restrictions currently in place on education settings.

View blog

Advocacy in Action: Female Genital Mutilation Protection Orders (FGMPO)

The issue of Female Genital Mutilation Protection Orders and the importance of education providers to act promptly.

View blog

Responsibilities towards students identifying as non-binary

Our top tips for supporting transgender and non-binary pupils.

View blog

Schools face scrutiny over Covid-19 vaccinations for children

On 4 June, the Medicines and Healthcare products Regulatory Agency (MHRA) approved the use of the Pfizer/BioNTech Covid-19 vaccine for 12- to 15-year-olds.

View blog

Mailing list sign up

Select which mailings you would like to receive from us.

Sign up