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  5. ›NOTICE TO BIDDERS – Bank Depository

Mississippi Schools for the Deaf and Blind·Mississippi

NOTICE TO BIDDERS – Bank Depository

Closes 4/22/2026$45k – $210kInvitation for BidLogin required
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Description

The Mississippi Schools for the Deaf and Blind is soliciting sealed bids from qualified financial institutions to serve as the depository for the district’s funds for a three‑year period (July 1 2026 – June 30 2029). Bidders must submit electronic bids via Central Bidding by the deadline and will be responsible for safeguarding and managing the district’s cash assets in compliance with state statutes. The award will be based on the best overall value, including fee structure, service capabilities, and compliance with applicable regulations. • Contract length: three consecutive fiscal years (2026‑2029) • Scope: custodial banking services, fund disbursement, reporting, and compliance with Mississippi Code §§ 37‑7‑333, 27‑105‑305, 27‑105‑315 • Submission: sealed electronic bid due 2:00 p.m. CST, 23‑Apr‑2026; bids opened after deadline • Required qualifications: licensed banking institution authorized to hold public funds in Mississippi • Evaluation criteria include fee schedule, service reliability, and prior experience with public‑sector depositories.

Attached files

The solicitation documents live at the source — open the bid source above to download them.

Contact

Nicholas Bridge(Assistant Business Manager)

[email protected]

(601) 984-8101

Key dates

Opened
4/2/2026
Closes
4/22/2026
Duration
3 years

Last updated

Details

Type
Invitation for Bid
Industry
Financial Services
NAICS
522110
Solicitation №
36076340

Budget estimate

$45,000 – $210,000

No contract value is disclosed. Typical depository agreements for a school district of this size generate annual service fees ranging from $15 k to $70 k, plus possible transaction‑based fees. Over the three‑year term, total compensation could fall between $45 k and $210 k, depending on fee structure and transaction volume.

AI estimate from the solicitation

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