113-20260219125646 BSDC.pdf
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- Attached to
- 113-20260219125646 BSDC
- Solicitation number
- 3170035102
- Issued by
- Desoto County, Mississippi
About this file
This is a Notice to All Financial Institutions issued by the Board of Supervisors of DeSoto County, Mississippi, pursuant to Section 27-105-305, Mississippi Code of 1972, soliciting proposals from financial institutions to serve as the County depository. Proposals must be submitted by 10:00 a.m. on Tuesday, March 10, 2026, for a contract period beginning April 1, 2026, through April 30, 2028 (two calendar years), with an option to renew for up to two additional years upon mutual agreement. The depository will manage all county funds and subdivisions thereof, as well as funds for the Tax Collector or any portion of said funds. Specifications are available at the DeSoto County Office of Procurement located at 365 Losher Street, Suite 300, Hernando, Mississippi, during normal business hours, and online at desotocountyms.gov. Electronic proposals can be submitted through www.centralbidding.com, with technical support available at 225-810-4814. The proposal file number is 26-121-001.
All accounts must be insured by the Federal Deposit Insurance Corporation or the Federal Savings and Loan Corporation as required by law. Proposals must designate the kind of securities authorized by law that the financial institution proposes to provide as security for the county funds. The Board of Supervisors reserves the right to amend specifications as necessary, reject any and all proposals, and waive any technicalities. All bidders who request packets or review the bid online will be notified of any amendments to specifications.
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Text version
NOTICE TO ALL FINANCIAL INSTITUTIONS TO BECOME COUNTY DEPOSITORY
Pursuant to Section 27-105-305, Mississippi Code of 1972, as amended, the Board of Supervisors of DeSoto County, Mississippi will receive proposals from all financial institutions of said county until 10:00 a.m. on Tuesday, March 10, 2026, to become County depository for DeSoto County, Mississippi, for (2) calendar years, with an option to renew for up to two additional years upon agreement of both parties. The agreement shall begin April 01, 2026 through year ending April 30, 2028 or until new arrangements can be made, for all county funds and subdivisions thereof, and funds for the Tax Collector or any part of said funds. All accounts must be insured by the Federal Deposit Insurance Corporation or the Federal Savings and Loan Corporation as required by law. The proposals shall designate the kind of securities authorized by law, which the financial institutions propose to give as securities for funds.
Specifications are on file in the Office of Procurement, DeSoto County Administration Building, 365 Losher Street, Suite 300, Hernando, Mississippi, during normal business hours. Information concerning this request can also be found on the Procurement Page at desotocountyms.gov. Electronic proposals can be submitted at www.centralbidding.com. For any questions relating to the electronic submission process, please call Central Bidding at 225-810-4814.
All proposals must comply with the specifications provided. DeSoto County reserves the right to amend the specifications, as necessary, and agrees to notify all having requested packets from the DeSoto County Office of Procurement or reviewed the bid online.
The Board of Supervisors reserves the right to reject any and all proposals and waive any technicalities.
All proposals submitted must be sealed and clearly labeled on the outside of the envelopes as follows:
PROPOSAL DUE DATE: March 10, 2026
PROPOSAL TIME: 10:00 a.m.
PROPOSAL FILE NUMBER: 26-121-001
WITNESS MY SIGNATURE, this the 17th day of February, 2026.
________________________ MISTY HEFFNER
(SEAL)
MISTY HEFFNER, CHANCERY CLERK
DeSoto County Board of Supervisors
SUBMITTED: DESOTO TIMES TRIBUNE
FOR PUBLICATION ON: Thursday, February 19, 2026 Thursday, February 26, 2026
PROOF OF PUBLICATION TO: DeSoto County Administrator Office DeSoto County Administration Building 365 Losher Street, Suite 300 Hernando, MS 38632
Phone: 662-469-8024 http://www.centralbidding.com/
| NOTICE TO ALL FINANCIAL INSTITUTIONS TO BECOME COUNTY DEPOSITORY |
| Phone: 662-469-8024 |
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