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  4. ›Financial Services
  5. ›Payment Processing Services

New Mexico Governor's Services Division·New Mexico

Payment Processing Services

Closes 7/31/2026$500k – $5MRequest for Proposal
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Description

The State of New Mexico is seeking a qualified contractor to provide comprehensive payment processing services for its various divisions, including the Motor Vehicle Division and the Audit and Compliance Division. The contract will replace an expiring agreement and will be awarded through a competitive sealed‑proposal process. Interested firms must submit proposals by the stated deadline and will be evaluated on their ability to deliver secure, reliable, and efficient payment transaction handling for state‑level fines, fees, and tax collections. • Scope includes processing of fines, fees, and tax payments across multiple state agencies. • Requires secure, PCI‑compliant payment card services and ancillary support. • Contract awarded via sealed‑proposal RFP; open until 31 July 2026. • No budget ceiling disclosed; vendors should be prepared to demonstrate cost‑effectiveness and technical capability.

Attached files

The solicitation documents live at the source — open the bid source above to download them.

Contact

John Moya

[email protected]

Key dates

Opened
5/7/2026
Closes
7/31/2026

Last updated

Details

Type
Request for Proposal
Industry
Financial Services
NAICS
522320
Solicitation №
60-33300-26-27801

Budget estimate

$500,000 – $5,000,000

No specific contract value is disclosed, but state‑wide payment processing contracts of this nature typically range from several hundred thousand to multiple millions of dollars, depending on transaction volume, system complexity, and service level agreements. A reasonable estimate would be between $500,000 and $5,000,000 over the contract term.

AI estimate from the solicitation

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