This contract is a sole‑source award for a software license renewal of the TouchNet payment gateway, integrating credit/debit‑card processing with the college’s ERP systems (Workday, Banner, etc.). The college identified TouchNet as the only viable provider because the solution is proprietary and switching would incur prohibitive costs and training requirements. The agreement covers a 14‑month term, valued at $75,019, and includes support and maintenance provisions.
• Scope: Renewal of TouchNet payment gateway software, support, and maintenance; integration with existing ERP platforms.
• Value: Fixed‑price of $75,019 for a 14‑month license term.
• Sole‑source justification: TouchNet is the exclusive licensor and distributor of the required system, and alternative solutions would exceed budget and disrupt operations.