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.