1391-20251107082005 BSJC.pdf
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- Attached to
- 1391-20251107082005 BSJC
- Solicitation number
- 3170034290
- Issued by
- Jones County, Mississippi
About this file
This Notice to Bidders is issued by the Jones County Board of Supervisors in Mississippi for the selection of banking depositories to hold county funds as required by Section 27-105-303, Mississippi Code of 1972. The county is seeking sealed bids from qualified banks to serve as County Depositories for a two-year contract term beginning January 5, 2026, and ending December 31, 2027. Sealed bids must be received by Wednesday, November 26, 2025, at 10:00 a.m. at the Laurel Courthouse, with bids marked "BANKING" on the outside of the sealed envelope and include the bidder's name, address, and telephone number. All banks submitting valid bids will be accepted as County Depositories, with fund placement determined by the county based on multiple evaluation factors including interest rates, fees, services offered, protections, and bank locations.
Bidders must provide comprehensive banking information in their proposals, including interest rates (fixed or variable), fees and service deadlines, online services capabilities, and cyber-crime protections. Banks are requested to state whether they participate in the statewide collateral pool managed by the Mississippi Treasury Department and provide certification from the State Treasury Department if applicable. The Board reserves the right to invest funds exceeding operational needs in higher-earning instruments such as certificates of deposit and money market accounts, and retains the authority to reject any or all bids, waive informalities, and determine the best bid. For additional information, prospective bidders should contact Brittany Welch at 601.428.3128 or bwelch@co.jones.ms.us. The notice was published in the Laurel Leader-Call on November 8 and November 15, 2025.
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Text version
NOTICE TO BIDDERS
Notice is hereby given that a designated committee of the Board of Supervisors of Jones County, Mississippi, will receive sealed bids until Wednesday, November 26, 2025, at 10:00 a.m. at the Laurel Courthouse for the privilege of keeping on deposit the funds of Jones County, Mississippi, as required by Section 27-105-303, Mississippi Code of 1972, As Amended.
Bids must be in writing, marked on the outside of the sealed envelope “BANKING” and include the name, address and telephone number of the bidder.
Proposals should include all relevant banking information such as interest rate paid on funds, either fixed or variable, any fees and deadlines for various services, online services offered and cyber-crime protections. All banks submitting a valid bid will be accepted as a County Depository.
The County will determine where to place funds based on multiple factors such as interest rate, fees, services offered, protections, bank locations, etc.
The Board also reserves the right to invest any funds in excess of operations in higher earning instruments such as C.D. and money market accounts.
Please state if your bank participates in the statewide collateral pool, managed by the Mississippi Treasury Dept. and include certification from the State Treasury Dept.
Bids shall be for a term of a two-year period beginning January 5, 2026, and ending December 31, 2027.
The Board reserves the right to reject any and or all bids, to waive informalities, and to determine the best bid. For more information, please contact Brittany Welch at 601.428.3128 or bwelch@co.jones.ms.us.
Jones County Board of Supervisors
Concetta Brooks, Clerk By: Brittany Welch, D. C.
Publish: Laurel Leader-Call November 8, 2025 November 15, 2025
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