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  • 1.  Lease as bridge to S-10 Seeking feedback from those that taken this approach, please

    Posted 01-28-2025 15:02

    Dear All,

    We've had conversations wiht several Cores recently who have expressed interest in entering into a "no obligation to purchase" lease to obtain the use of an instrument in order to put the technology to use in their operations while collecting user data to use towards a competitive shared instrumentation grant application.

    If anyone has "traveled this road" and is willing to share insights, please let me know.

    Thanks,
    Tom



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    Tom McHugh
    Director, Research Cores Administration
    University of Maryland School of Medicine
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  • 2.  RE: Lease as bridge to S-10 Seeking feedback from those that taken this approach, please

    Posted 01-29-2025 08:44
    Hi Tom - 
    In my previous role at UMASS we did do a few leases - primarily for Mass Spec instruments.    When we chose to do the lease over a purchase, it was due to limited capital funds.    They all worked out well with UMASS buying out either at the very end or engaging an early buyout.    Happy to chat off line.... 
    Susanna






  • 3.  RE: Lease as bridge to S-10 Seeking feedback from those that taken this approach, please

    Posted 01-30-2025 11:26

    We applied for three consecutive S10 grants for a NovaSeq (none funded, unfortunately), and during that period we leased a smaller NextSeq 2000 paid for by our operational budget, and although it worked from a logistical standpoint one of the reviewers for one of the applications did not like the idea at all.  However, we have leased three sequencers over the years, and we had a great experience with it, overall.  The capital request process at Moffitt is very long, and leasing equipment puts a strain on our operational budget, but as a stopgap, it has saved us many times. 

     

    As one poster suggested, you can also start a lease and then have the S10 grant fund the purchase of that instrument, but there are strict timelines associated with this (from the RFA).

     

    Applicants proposing the purchase of an instrument that the institution is planning to lease prior to an award are urged to consult with their institutional sponsored projects office and the NIH Grant Management Office (see Section VII for the contact information) regarding the applicable NIH policy prior to executing the leasing agreement. If the leasing agreement was executed more than one year prior to submission of the SIG application, the applicant must provide a strong justification for the requested Federal funds. This justification must demonstrate that the leased instrument is considered state-of-the-art at the time of submission - appropriate award adjustments may be necessary. Execution of a purchase order or agreement, making a down payment or other formal commitment to purchase the instrument prior to award will automatically eliminate an applicant from eligibility for an award.

     

    If possible, you could also consider outsourcing.  Our NextSeq 2000 developed a multi-month backlog, so we started sending libraries to a vendor for sequencing on their NovaSeq and did that for several years while sequencing other projects in parallel on the NextSeq.

     

    Hope that helps,

     

    Sean

     

    image002

    Sean Yoder, M.S.

    Molecular Genomics Core Facility Manager

    Moffitt Cancer Center

    13131 Magnolia Drive, Tampa, FL 33612 | tel:  813-745-1917 | fax:  813-745-7265 | email: sean.yoder@moffitt.org

     



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  • 4.  RE: Lease as bridge to S-10 Seeking feedback from those that taken this approach, please

    Posted 02-13-2025 09:24

    Susanna, thanks for your reply.  I will circling back with any other questions.  Hoep that you are doing well and thank you again! Tom



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    Tom McHugh
    Director, Research Cores Administration
    University of Maryland School of Medicine
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  • 5.  RE: Lease as bridge to S-10 Seeking feedback from those that taken this approach, please

    Posted 01-29-2025 10:00

    We've done a lease for a mass spec instrument before, not as a preview to an S10, but because we needed the equipment and didn't have the funds to purchase it outright. While there was no obligation to buy, at the end of the lease period the vendor decided not to organize a pickup of the instrument and told us to keep it with no further obligation. So it worked out quite well.



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    Natasha Nikolaidis
    Associate Director of Operations
    Purdue University
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  • 6.  RE: Lease as bridge to S-10 Seeking feedback from those that taken this approach, please

    Posted 01-29-2025 20:22

    Hi Tom-

    We utilized a lease mechanism with an S10 last year.  In short, the S10 was funded and we bought out the equipment.  However, the reviewers did express some diminished enthusiasm and we had to provide some significant justification of the lease strategy in the JIT.  Happy to discuss more if you'd like. I would highly encourage you to get pre-approval of your strategy with NIH prior to entering into a contract.



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    Michelle Winter
    Assistant Dean of Core Operations
    University of Kansas Medical Center
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