327-20251020095508 JONES COLLEGE.pdf

This document is a Request for Sealed Bids issued by Jones College, located in Ellisville, Mississippi, seeking financial proposals for a Promissory Note, Negotiable Note, or Line of Credit (LOC). The college is soliciting bids from qualified financial institutions for a line of credit not to exceed $12,000,000 to support operational cash flow for fiscal year 2025-2026. The bid process will follow Mississippi state statutory requirements under Miss. Code Ann. § 37-29-103 and § 31-19-25, with all sealed bids required to be submitted in writing by November 3, 2025.

Bid submissions must include comprehensive details such as complete terms, interest rates, fees, and proposed repayment structure. Interested financial institutions can request bid packets by contacting Christy Holifield, Executive Vice President of Business Affairs & CFO, at christy.holifield@jcjc.edu or 601-477-2406. The contact information for bid packet requests and submission is the same: Jones College, 900 South Court Street, Ellisville, MS 39437. The procurement is specifically designed to secure financial support for the college's operational expenses for the upcoming fiscal year, with strict requirements for bid documentation and submission.