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  5. ›Request for Proposal for County Depository for 2026 and 2027

Mississippi Smith County Board of Supervisors·Mississippi

Request for Proposal for County Depository for 2026 and 2027

Closes 12/15/2025$50k – $200kRequest for Proposal
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Description

The Smith County Board of Supervisors is seeking bids from financial institutions to serve as the county depository for 2026 and 2027. The selected institution will be responsible for holding county funds and providing security for these funds. The bid should include the kind of security the institution proposes to give, and the board will select the institution that offers the best terms and meets the requirements provided in Mississippi Code Annotated § 27-105-315. The bid should be submitted on the Smith County Bid Proposal Form, which can be obtained by contacting the Smith County Board of Supervisors. • The bid should include the kind of security the institution proposes to give • The bid should be submitted on the Smith County Bid Proposal Form • The selected institution will be responsible for holding county funds and providing security for these funds • The board will select the institution that offers the best terms and meets the requirements provided in Mississippi Code Annotated § 27-105-315

Attached files

Contact

Cindy Austin(Chancery Clerk)

[email protected]

601-782-4000

Key dates

Opened
11/25/2025
Closes
12/15/2025
Duration
2 years

Last updated

Details

Type
Request for Proposal
Industry
Financial Services
NAICS
522110
Solicitation №
299-20251124111925 BSSC

Budget estimate

$50,000 – $200,000

The budget for this opportunity is likely to be based on the interest rate and fees offered by the selected financial institution. Since the county is seeking a depository for its funds, the budget will likely be in the form of interest payments to the county. The exact budget amount will depend on the terms of the bid and the amount of funds deposited. A rough estimate for the budget could be in the range of $50,000 to $200,000 per year, depending on the interest rate and the amount of funds deposited.

AI estimate from the solicitation

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