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IF AN AGENCY LEASES EQUIPMENT, FURNITURE OR MACHINERY, IS IT CONSIDERED A MATERIAL OR A SERVICE?

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IF AN AGENCY LEASES EQUIPMENT, FURNITURE OR MACHINERY, IS IT CONSIDERED A MATERIAL OR A SERVICE?

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The form of acquisition (purchase, lease, installment purchase, lease with purchase option, etc) does not change the identity of the item to be procured (material, service or construction). If the Commonwealth is acquiring possession and control of tangible personal property, such as equipment, furniture, machinery, or materials, it remains a “material” for purposes of the Commonwealth Procurement Code and Commonwealth Agency procurement.

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