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  5. ›FAST GENTAX MAINTENANCE AND SUPPORT SOLE SOURCE CONTRACT

Awarded contract·New Mexico Taxation and Revenue Department·New Mexico

FAST GENTAX MAINTENANCE AND SUPPORT SOLE SOURCE CONTRACT

Won by FAST ENTERPRISES$22.0MSingle Award
Contract source

Awarded vendors

  • FAST ENTERPRISES

Description

The State of New Mexico’s Taxation and Revenue Department is entering a two‑year, $21.98 million sole‑source contract with Fast Enterprises for comprehensive support of its GenTax system. The agreement covers software licensing, ongoing maintenance, on‑site technical support, a short‑message‑service (SMS) gateway for two‑factor authentication, and data‑service subscriptions for collections and identity verification. Services are structured as a mix of fixed‑price quarterly payments for maintenance and subscription fees, plus hourly rates for additional on‑site work. The contract runs from 1 July 2026 through 30 June 2028. • Scope includes perpetual software license, hot‑fixes, quarterly service‑pack releases, and 24‑month on‑site support (minimum 3 FTE). • Hourly on‑site support rates: $247/hr for FY 27 and $255/hr for FY 28. • Additional deliverables: FAST SMS gateway (max $14 k per FY), FAST Data Services – Collection Services and Identity Verification (each capped at ~ $0.8 M and $0.4 M respectively).

Attached files

Key dates

Bids closed
5/7/2026
Starts
7/1/2026
Ends
6/30/2028
Duration
24 months

Last updated

Details

Award type
Single Award
Procurement
Sole Source
Industry
Information Technology and Software Development
NAICS
541512
Solicitation №
60-33300-26-27824

Contract value

$21,980,178

The sole‑source determination explicitly lists the “Total Estimated Value (incl. tax)” as $21,980,178.00 (pre‑tax $20,316,745 plus estimated tax $1,663,433). The breakdown shows $7.48 M for maintenance, $12 M for on‑site support (hourly cap), $28 k for SMS, $1.59 M for collection services, and $0.88 M for identity verification, which sum to the stated total. Therefore the contract’s value is confidently $21,980,178.

AI estimate from the award documents

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