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.