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Mississippi Jones College·Mississippi

Jones College Banking Services

Closes 1/5/2026$5M – $6MInvitation for Bid
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Description

Jones College is seeking sealed bids from qualified financial institutions for the issuance of a Promissory Note, Negotiable Note, or Line of Credit (LOC) in an amount not to exceed $6,000,000 to support operational cash flow for fiscal year 2025-2026. The bid process will follow the requirements of Miss. Code Ann. § 31-19-25. Key aspects of the bid include: • The bid amount should not exceed $6,000,000 • The bid should include complete terms, interest rates, fees, and proposed repayment structure • Sealed bids must be submitted in writing and received by January 5, 2026 • Bids will be opened on January 6, 2026, at 10:00 a.m.

Attached files

Contact

Christy Holifield(Executive Vice President of Business Affairs & CFO)

[email protected]

(601) 477-2406

Key dates

Opened
12/3/2025
Closes
1/5/2026

Last updated

Details

Type
Invitation for Bid
Industry
Financial Services
NAICS
522110
Solicitation №
327-20251120100701

Budget estimate

$5,000,000 – $6,000,000

The budget amount is estimated to be around $6,000,000, which is the maximum amount specified in the bid. However, the actual budget may vary depending on the terms and conditions of the bid, including interest rates and fees. The estimated budget range is between $5,000,000 and $6,000,000, considering the maximum amount and potential variations in the bid terms.

AI estimate from the solicitation

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