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Mississippi Jones College·Mississippi

Financial Services for Jones College

Closes 11/3/2025$5M – $12MRequest for Proposal
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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 $12,000,000 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 requirements for the bid include: • Submission in writing • Receipt by the deadline specified • Accompanied by complete terms, interest rates, fees, and proposed repayment structure The successful bidder will be required to provide financial services to support the college's operational cash flow.

Attached files

Contact

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

[email protected]

(601) 477-2406

Key dates

Opened
10/21/2025
Closes
11/3/2025

Last updated

Details

Type
Request for Proposal
Industry
Financial Services
NAICS
522110
Solicitation №
327-20251020095508

Budget estimate

$5,000,000 – $12,000,000

The budget for this opportunity is estimated to be up to $12,000,000, which is the maximum amount specified for the financial services. However, the actual budget may be lower, depending on the terms and conditions of the bid. The budget may also be influenced by factors such as interest rates, fees, and repayment structure.

AI estimate from the solicitation

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