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  5. ›Town Depository for Calendar Years 2026 - 2029

Mississippi Town of Arcola·Mississippi

Town Depository for Calendar Years 2026 - 2029

Closes 1/5/2026$100k – $500kRequest for Proposal
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Description

The Town of Arcola is seeking bids for a Town Depository for calendar years 2026 - 2029. The contract will be awarded to the bank proposing the most favorable combination of cost and services as determined at the sole discretion of the Town. The bid must include proposals for town banking services and must be received in the Town Clerk's Office no later than 5:00 p.m. on January 5, 2026. Bids will be evaluated on responsiveness, lowest net cost to the Town, and expected convenience of banking services for personnel involved. Key aspects of the job include: • Providing banking services to the Town of Arcola • Meeting the specifications and procedures outlined in the bid document • Offering the most favorable combination of cost and services • Ensuring convenience of banking services for Town personnel • Complying with MS Code 1972 Annotated Sec. 27-105-353

Attached files

Contact

Annette Morris(Town Clerk)

[email protected]

Key dates

Opened
12/17/2025
Closes
1/5/2026
Duration
4 years

Last updated

Details

Type
Request for Proposal
Industry
Financial Services
NAICS
522110
Solicitation №
1503-20251216082337 Arcola

Budget estimate

$100,000 – $500,000

The budget for this opportunity is difficult to estimate, as the bid document does not provide a specific award amount. However, considering the scope of the project, which involves providing banking services to the Town of Arcola for a period of 4 years, the budget could range from $100,000 to $500,000. This estimate is based on the assumption that the Town's annual banking expenses are relatively low, and the selected bank will provide services at a competitive rate. Factors that may influence the likely payment range include the Town's budget, the number of bids received, and the level of competition among bidders.

AI estimate from the solicitation

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