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ODP Bags California Statewide Mandatory PC Goods Contract

  • ODP Business Solutions, LLC, an operating company of ODP Corp (NASDAQ: ODP), will be servicing one of the California mandatory Statewide Contracts for PC Goods.

  • The initial contract term will be for three years, with options for two additional one-year extensions. The financial terms were not disclosed.

  • The company will supply Lenovo Group Ltd (OTC: LNVGY) technology covering desktops, thin desktops, laptops, Chromebooks, monitors, and accessories to the Department of General Services, Procurement Division.

  • The statewide contract for PC Goods is mandatory for use by all State of California departments and available for local governmental business use.

  • The contract allows ODP Business Solutions to enable the State of California ordering agencies to procure the latest Lenovo PC products at competitive prices.

  • ODP Business Solutions will help support the State of California's strategic vision by partnering with Granite Data Solutions to execute services.

  • Price Action: ODP shares are trading higher by 0.93% at $50.97 on the last check Monday.

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This article originally appeared on Benzinga.com

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