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Awarded contract·Citadel Military College of South Carolina·South Carolina

Payment Processing Services

Won by Transact Campus, Inc.$500kAwarded 8/11/2021Single Award
Contract source

Awarded vendors

  • Transact Campus, Inc.

Description

The Citadel awarded a contract for a comprehensive payment processing solution that integrates with its campus ERP (Ellucian Banner), supports multiple payment methods (credit, ACH, third‑party), provides reporting, and includes hardware (card readers, POS terminals) for various campus locations. The selected vendor, Transact Campus, Inc., will deliver the software platform, implementation services, ongoing support, and maintenance for a base period of one year with three possible one‑year extensions. The contract is capped at $500,000 for the base year and is subject to strict PCI‑DSS/PA‑DSS compliance and South Carolina IT security requirements. • Scope: integrated payment gateway, student self‑service portal, API connections to Banner, parking, EMS, and POS hardware deployment. • Delivery: turnkey installation, 24×7 help desk, training, warranty, and annual maintenance. • Value: not‑to‑exceed $500K, one‑year term, three renewal options, full compliance with PCI/DSS and FERPA.

Attached files

Key dates

Bids closed
12/16/2021
Intent to award
8/11/2021
Awarded
8/11/2021
Contract modified
12/17/2021
Starts
1/6/2022
Ends
1/5/2023Renews
Duration
1 year

Last updated

Details

Award type
Single Award
Procurement
Full and Open Competition
Industry
Financial Technology
NAICS
522320
Solicitation №
RFP 21030‑SB

Contract value

$500,000

The Intent to Award notice explicitly caps the contract at “Not to exceed $500,000.” That ceiling applies to the base‑year period; three optional one‑year extensions could increase total spend but each extension would be bounded by the same ceiling unless otherwise amended. Because no separate ceiling for the option years is provided, a reasonable estimate for the full potential value (base year + three extensions) is $2 million (4 × $500K). However, the guaranteed minimum is the base‑year ceiling of $500K. For reporting purposes we conservatively record the known ceiling of $500,000.

AI estimate from the award documents

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