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  5. ›Municipal Depository for Special and Surplus Funds

Mississippi City of Olive Branch·Mississippi

Municipal Depository for Special and Surplus Funds

Closes 2/23/2026$100k – $500kRequest for Quotation
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Description

The City of Olive Branch is seeking quotes from qualified banks to serve as Municipal Depository for Special and Surplus Funds. The selected bank will be responsible for handling City funds and must have been designated a state depository. The bidding institution must submit a copy of their official commission documenting this designation prior to handling City funds. • The bid submission deadline is February 23, 2026, at 5:00 P.M. Central Standard Time. • The City reserves the right to accept or reject any or all bids. • The contract will be awarded to the bidder who proposes the best terms, considering all material aspects of the proposal.

Attached files

Contact

Tena Stewart(City Clerk)

[email protected]

(662) 892-9211

Key dates

Opened
1/26/2026
Closes
2/23/2026

Last updated

Details

Type
Request for Quotation
Industry
Financial Services
NAICS
522110
Solicitation №
90-20260122090729

Budget estimate

$100,000 – $500,000

The budget for this opportunity is difficult to estimate as the document does not provide specific information on the contract value. However, considering the scope of work involves banking services for the City of Olive Branch, the contract value could be significant. A rough estimate could be in the range of $100,000 to $500,000 per year, depending on the services required and the duration of the contract.

AI estimate from the solicitation

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