Piedmont Technical College entered a five‑year agreement with Nelnet Campus Commerce to provide comprehensive online payment‑plan and card‑processing solutions for its student body. The contract covers electronic payment processing, e‑commerce transaction handling, and hosting of the college’s payment platform, with an aggregate value of $269,841. Annual payments increase slightly each year, beginning at $52,562 in year 1 and rising to $55,393 in year 5. The vendor must furnish certificates of insurance before commencing work and may not incur costs prior to receiving a purchase order. The college retained protest rights, allowing challenges within ten days of award posting.
• Scope: student payment‑plan services, electronic and card‑processing, e‑commerce hosting.
• Value: $269,841 total; roughly $53‑55 k per year.
• Duration: Dec 2018 – Dec 2023, no renewal provisions.