Tvandel13,
The Techniums that I've seen have been well made, good riding low-mid level bikes. Yours should do fine as a conversion. One word...chainline.

Do a google search on chainline and make certain that you both understand and have the proper tools to measure and calculate your chainline. I agree that the inner position on your double crankset is the starting point. You may wind up replacing the chainrings and using shorter chainring bolts, but keeping that crankarms/spider.

Measure your rear dropout inner-to-inner spacing carefully, using a digital caliper (a wise investment).

Keep your brakeset, but replace all cabling and pads. Go for koolstop salmon or equivalent pads - these will help with wet weather braking.

Velomine is a good source for budget wheels, make certain of your rear hub dimensions prior to placing the order. They will include the 3mm spacers for you if you specify.

Should be a terrific conversion and a great rider.