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  5. ›Credit Card Processing System Amendment No. 3

New Mexico Department of Transportation·New Mexico

Credit Card Processing System Amendment No. 3

Closes 12/18/2025$100k – $500kSole Source
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Description

The State of New Mexico Department of Transportation is seeking to extend a sole source contract for credit card processing services with LexisNexis VitalCheck Network Inc. The purpose of this extension is to ensure uninterrupted revenue collection during the transition from the current vendor to a new provider. The contract term is expected to be from December 20, 2025, to January 31, 2026. The scope of work includes ongoing support for credit card processing services. The contractor will be paid a flat fee of $2.95 per transaction. • The original contract term was from December 20, 2024, to April 15, 2025. • Amendment 1 extended the term to June 30, 2025. • Amendment 2 extended the term to December 19, 2025. • The requested extension is through January 31, 2026. • The contract will be funded through a flat processing fee collected at the point of transaction. • The contractor is responsible for providing ongoing support for credit card processing services.

Attached files

Contact

Megan Lujan(Agency Contact)

[email protected]

(505) 538-5341

Key dates

Opened
11/19/2025
Closes
12/18/2025
Duration
43 days

Last updated

Details

Type
Sole Source
Industry
Financial Services
NAICS
522320
Solicitation №
60-80500-25-CP528

Budget estimate

$100,000 – $500,000

Based on the provided information, the potential budget for this contract can be estimated by considering the flat fee of $2.95 per transaction. Assuming an average number of transactions per day, the total budget for the 43-day contract term could be substantial. However, without knowing the exact number of transactions, it's challenging to provide a precise estimate. A rough estimate could be around $100,000 to $500,000, depending on the volume of transactions. Factors influencing the payment range include the number of transactions, the efficiency of the credit card processing system, and any potential fees or penalties.

AI estimate from the solicitation

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