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Sauk Valley Community College Contract Approval TouchNet Student Account and Payment Solutions April 2026

SVCC to adopt TouchNet student payment platform

$40,020 annually plus a one-time $14,000 implementation feeSauk Valley Community CollegeTOUCHNET INFORMATION SYSTEMS INCApril 27, 2026

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Description

Sauk Valley Community College is entering into a five-year Master Services Agreement with TouchNet Information Systems, Inc. for a cloud-based student account and payment solution, including implementation and ongoing support. The agreement provides for annual subscription fees of $40,020 and a one-time implementation cost of $14,000, with automatic five-year renewals thereafter.

Contract Details

Contract Amount

$40,020 annually plus a one-time $14,000 implementation fee

Vendor

TOUCHNET INFORMATION SYSTEMS INC

Agency

Sauk Valley Community College, IL

Contract Type

TECHNOLOGY

Document Date

April 27, 2026

Contract Term

Five-year term with automatic five-year renewals

Renewal Info

Initial five-year term beginning on the Effective Date of the Master Services Agreement, followed by automatic five-year renewal periods unless either party provides 90 days’ written notice prior to the end of any term. Annual ASP fees may increase by up to 10% per year over the prior year per the Order Form billing provisions.

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