In today's technology world, service is as important as the actual hardware or software in a system. The name for this contract recognizes this. Under the ESP, the College is renting, not purchasing, equipment. Payments must be made annually. The entire amount cannot be paid up front.
Rentals are available for both two and three year terms for all equipment.
The standard and recommended rental period is three years. Two year rentals have higher service factor rates and therefore higher prices, since they have shorter turnaround. The release of this equipment offsets the cost of the program and allows the College to improve support for everyone by reducing the number of obsolete machines that must be supported. Under the ESP, equipment is paid for as a continuing expense. After it is obsolete it is taken away, without state restrictions regarding on-site storage.