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  5. ›2026 Sole Source Form – TouchNet (Expires 10/2027)

Awarded contract·Northern New Mexico College·New Mexico

2026 Sole Source Form – TouchNet (Expires 10/2027)

Won by TouchNet Information Systems Inc.$75kSingle Award
Contract source

Awarded vendors

  • TouchNet Information Systems Inc.

Description

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.

Attached files

Key dates

Bids closed
8/14/2026
Starts
8/17/2026
Ends
10/1/2027
Duration
14 months

Last updated

Details

Award type
Single Award
Procurement
Sole Source
Industry
Information Technology and Software Development
NAICS
511210
Solicitation №
70-U6300-26-CP290

Contract value

$75,019

The contract explicitly lists a procurement amount of $75,019.00, which represents the total price for a 14‑month software license renewal, including support and maintenance. No additional fees, taxes, or optional renewals are mentioned, so the best estimate of the contract’s value is the stated amount of $75,019.

AI estimate from the award documents

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