PTC-332 Intent to Award

Piedmont Technical College awarded a five‑year contract to Nelnet Campus Commerce to provide a comprehensive suite of online payment solutions for students, including installment payment plans, electronic and card processing, e‑commerce transaction handling, and hosting of the related platforms. The agreement is valued at just under $200 K, with fixed annual payments that increase slightly each year. The contract becomes effective on March 28 2024 and runs through March 27 2029. • Services: student online payment‑plan system, electronic ACH/credit‑card processing, e‑commerce payment gateway, and vendor‑hosted platform maintenance. • Financials: total ceiling $193,190.05; annual fixed payments ranging from $37,879.61 to $39,823.61. • Terms: work may not begin before the effective date or receipt of a purchase order; insurance certificates required prior to commencement; no renewal language disclosed. • Vendor: Nelnet Campus Commerce (Lincoln, NE), a specialist in higher‑education payment processing. • Procurement: open competition (no set‑aside), award posted March 14 2024 with a 10‑day protest window.