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Mississippi Biloxi Public School District·Mississippi

Depository Services for Biloxi Public School District

Closes 4/16/2026$300k – $1.5MRequest for Proposal
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Description

The Biloxi Public School District is seeking bids from financial institutions to provide depository services for the district's funds. The selected institution will be responsible for handling the district's day-to-day transactions and providing a sweep account program or lead bank approach. The district is looking for a firm that can provide a competitive interest rate, convenience, experience, and service, while ensuring the safety of the funds. The contract will be for a period of three years, from July 1, 2026, to June 30, 2029. • The district is seeking a bank with a physical location within the city limits of Biloxi, MS. • The selected bank will be required to provide a sweep account program or lead bank approach. • The bank will be required to provide computerized online access to all bank accounts. • The bank will be required to make monthly payroll available for use by employees on the last working day of the month. • The district reserves the right to reject any and all bids and to waive any irregularities in the bids.

Attached files

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

Contact

Shane L. Switzer or Jennifer Gibson or Elton J. Bienvenue(Director of Business or Assistant)

[email protected] or [email protected]

(228)374-1810

Key dates

Opened
3/25/2026
Closes
4/16/2026
Projected award
4/21/2026
Duration
3 years

Last updated

Details

Type
Request for Proposal
Industry
Financial Services
NAICS
522110
Solicitation №
49-20260324094858 BPS

Budget estimate

$300,000 – $1,500,000

The budget for this contract is likely to be in the range of $100,000 to $500,000 per year, depending on the interest rate and services provided by the selected bank. This estimate is based on the fact that the district is seeking a competitive interest rate and convenience, experience, and service from the selected bank. The actual budget will depend on the specific terms of the contract and the performance of the selected bank. Factors that may influence the likely payment range include the district's budget, the number of transactions, and the level of service required.

AI estimate from the solicitation

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