Convert logo to 8bit style with 2 colors for T-Shirt printing

I have a .ai vector version of my logo, I'd like that converted to an 8bit style logo (still vector if possible so it can be resized). This will be used for a t-shirt which is why we need very high quality and preferably vector format. Also it should be converted to just 2 colors as we pay per color on printing (orange and blue). A 3rd color can be used if absolutely necessary but please let me know when bidding if you plan to use a 3rd color. This logo will go on the front of the shirt, we'd also like the back designed but it should be very simple, it will say: 350+ Schools (alien icon) High Score! (very similar to this: <[login to view URL]> but with 350+ schools at the top and with 8 bit style lettering similar to this: <[login to view URL]>). Note that the back of this should all be orange because we pay per color per side of the shirt, so just 1 orange color only (no shades). See attached vector logo for what it looks like.