327-20251020095508 Jones College

Jones College, located in Ellisville, Mississippi, is seeking sealed bids from qualified financial institutions for a Promissory Note, Negotiable Note, or Line of Credit (LOC) to support operational cash flow for fiscal year 2025-2026. The procurement is specifically for a financial instrument not to exceed $12,000,000, with bids being solicited under Mississippi state statutory requirements including Miss. Code Ann. 37-29-103 and 31-19-25. Interested financial institutions must submit comprehensive written proposals that include complete terms, interest rates, fees, and proposed repayment structures. The bid submission deadline is November 3, 2025, with bid packets available by contacting Christy Holifield, Executive Vice President of Business Affairs & CFO, via email at christy.holifield@jcjc.edu or phone at 601-477-2406. Proposals must be submitted in writing to Jones College, located at 900 South Court Street, Ellisville, MS 39437, with the primary objective of securing financial support for the college's operational expenses.

The procurement does not specify any specific set-aside designations or restrictions on responding organizations, suggesting that qualified financial institutions can submit bids. The solicitation is focused on securing a financial instrument for operational cash flow, with a maximum potential award value of $12,000,000 for the fiscal year 2025-2026. No incumbent vendors or existing contractors are mentioned in the documentation. The bid requires comprehensive financial details, indicating that financial institutions will be evaluated based on the completeness and competitiveness of their proposed terms, interest rates, fees, and repayment structures. The procurement is limited to the jurisdiction of Jefferson County, Mississippi, and is specifically designed to meet Jones College's financial needs for the upcoming fiscal year.