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  5. ›TOUCHNET ANNUAL SUBSCRIPTION SERVICES

Awarded contract·Central New Mexico Community College·New Mexico

TOUCHNET ANNUAL SUBSCRIPTION SERVICES

Won by Touchnet Information Systems, Inc.$1.5MSingle Award
Contract source

Awarded vendors

  • Touchnet Information Systems, Inc.

Description

Central New Mexico Community College entered a sole‑source contract with Touchnet Information Systems, Inc. for a four‑year, $1.456 M agreement to provide Touchnet annual subscription services, licensing renewals, and one‑time professional services needed to integrate the Touchnet payment platform into the college’s upcoming Workday Student Information System (SIS) migration. The contract includes yearly subscription fees, capped annual price increases, and a significant integration effort in the first year to ensure seamless payment processing during the SIS transition. • Scope: payment gateway, ACH/credit‑card processing, eBill/eRefunds, payment plans, mobile marketplace, and related services. • One‑time professional services: Workday ERP conversion, interface development, and reporting setup. • Term: 07/01/2026 – 06/30/2030 (4 years) with a total value of $1,456,278.42; annual costs range from $348k to $377k. • Procurement method: Sole source justified under NM Statute §13‑1‑126 because Touchnet is the only vendor with a validated Workday interface. • No competing bids, no set‑aside designations, and no explicit renewal clause beyond the four‑year term.

Attached files

Key dates

Bids closed
6/28/2026
Starts
7/1/2026
Ends
6/30/2030
Duration
4 years

Last updated

Details

Award type
Single Award
Procurement
Sole Source
Industry
Information Technology and Software Development
NAICS
541512
Solicitation №
60-S0003-26-CP202

Contract value

$1,456,278

The solicitation explicitly states a total contract amount of $1,456,278.42 covering four fiscal years. This figure is broken down by year (Year 1 $367,778; Year 2 $348,700; Year 3 $362,648; Year 4 $377,153). No other monetary figures are mentioned, and there are no indications of additional optional renewals or extensions. Therefore the best estimate of the contract’s monetary value is the stated total of $1,456,278.42.

AI estimate from the award documents

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