Sole Source Contract for Payment Gateway Services

This notice announces that South Carolina State University will enter into a sole‑source contract with Touchnet for payment gateway services, a critical component for processing electronic transactions across the university’s financial systems. The contract is valued at $800,000 and will span a five‑year period, reflecting the university’s need for a compliant, secure, and state‑approved solution. The university’s procurement manager, Stacy Gregg, is the contact point for the award justification, which cites exclusive state‑level authorizations as the basis for the sole‑source decision. • Sole‑source award to Touchnet for $800,000 over five years. • Services cover payment gateway functionality required by South Carolina higher‑education institutions. • Justification relies on exclusive state‑mandated compliance and the State Treasurer’s Office requirements.