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University of Massachusetts > Treasurer's Office > Master Lease Arrangements
Master Lease Arrangements
The University Treasurer's Office has financed certain University purchases and projects through tax-exempt Master Lease Arrangements with third party vendors. The current University Master Leases primarily consist of telecommunications, software, energy performance equipment, office equipment/furniture and co-generation systems. The master lease mechanism produces funds, held by a trustee bank, that the University can spend through a formal requisition process.
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