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What documentation is required for a lease renewal?

documentation lease renewal
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What documentation is required for a lease renewal?

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• 1. A current Certificate of Insurance. The Certificate Holder should be: Department of Central Services, Attn.: Administrator of State Leasing, PO Box 53187, Oklahoma City, OK, 73152. The Certificate of Insurance can be obtained by the agency directly from the insurance company or the insurance company’s contact name and phone number. 2. Certified documentation of Lessor’s payment of current Ad Valorem taxes from the County Treasurer. (Lease term starting after March 31st, documentation of full payment; lease term starting before March 31st, documentation of first ½ of payment). The tax documentation can be obtained by the agency directly from the applicable county treasurer or the agency may require the vendor to provide it. 3. Lease Renewal Agreement (DCS289-D), signed and dated by authorized agency personnel and Lessor. 4. Purchase Order in pending status, with “LSG” as the origin code and a valid budget.

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