City of Jackson Banking Services-Depository Bid RFP 94629-010626 - 2026-2029
City of JacksonCity · Jackson, MS- Due
- Jan 6, 2026
- Deadline passed
- Posted
- Dec 11, 2025
- Contract term
- 3 years
- Primary contact
- Courtney Bell
- (601) 960-2005
The 30-second brief
The City of Jackson, Mississippi, is soliciting bids for banking and depository services under RFP No. 94629-010626 for the period beginning January 1, 2026. The scope includes managing approximately 20 DDA checking accounts with an average monthly ledger balance of $70,000,000, as well as money market and savings accounts. Required services include monthly statements, interest payments based on U.S. Target Federal Funds Rates, earnings allowances (ECR), cash management advice, and various transaction services such as wire transfers, ACH processing, positive pay, and remote deposit. Bidders must be FDIC insured and meet specific capital-to-assets ratios. Sealed bids marked 'RFP#94629-010626 DEPOSITORY BID' are due to the Municipal Clerk Department no later than 3:30 PM on January 6, 2026.
Original and two copies of sealed bids, List of branches in the municipality, Commission attachment, Collateral Security Agreement
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Summary
The City of Jackson, Mississippi, is soliciting bids for banking and depository services under RFP No. 94629-010626 for the period beginning January 1, 2026.
The scope includes managing approximately 20 DDA checking accounts with an average monthly ledger balance of $70,000,000, as well as money market and savings accounts. Required services include monthly statements, interest payments based on U.S. Target Federal Funds Rates, earnings allowances (ECR), cash management advice, and various transaction services such as wire transfers, ACH processing, positive pay, and remote deposit. Bidders must be FDIC insured and meet specific capital-to-assets ratios. Sealed bids marked 'RFP#94629-010626 DEPOSITORY BID' are due to the Municipal Clerk Department no later than 3:30 PM on January 6, 2026.
REQUIRED DELIVERABLES
4- Original and two copies of sealed bids
- List of branches in the municipality
- Commission attachment
- Collateral Security Agreement
REQUIRED ATTACHMENTS
list of branches, commission in response
- Submit to
- Municipal Clerk Department, 219 South President Street, Jackson, MS 39201
- Scope location
- Jackson, MS
Questions about this BID
How do I respond to this Bid from City of Jackson?
Review the full solicitation document for submission requirements, evaluation criteria, and deadlines. The submission deadline is January 6, 2026. The solicitation specifies required deliverables that must be addressed in your response. Be sure to include all required attachments as outlined in the solicitation. Submissions should be delivered to: Municipal Clerk Department, 219 South President Street, Jackson, MS 39201. For questions, contact Courtney Bell.
Can small businesses or minority-owned firms bid on this Bid?
Most government agencies, including City of Jackson in MS, encourage participation from small businesses, minority-owned, women-owned, and disadvantaged business enterprises (MBE/WBE/DBE). Check the full solicitation for any small business participation goals.
What happens after the Bid submission deadline?
After the deadline, the issuing agency reviews all submissions against the stated evaluation criteria. This typically includes a compliance check, technical evaluation, cost analysis, and may involve oral presentations with shortlisted vendors.
Can I ask questions about this solicitation before submitting?
Yes, most solicitations allow vendors to submit questions during a designated period. The primary contact is Courtney Bell at (601) 960-2005. Questions and answers are typically shared with all prospective bidders.
What are the key deliverables?
The solicitation specifies the following deliverables: Original and two copies of sealed bids, List of branches in the municipality, Commission attachment, Collateral Security Agreement. Proposals should clearly address how each deliverable will be met.
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Where can I find more RFPs from City of Jackson?
All active and historical solicitations from City of Jackson are tracked and searchable. As a city agency, City of Jackson regularly publishes solicitations. Visit the agency profile to see current open bids, past contracts, vendor relationships, and decision-maker contacts.
What is the contract term for this solicitation?
The anticipated contract term is 3 years. Contract terms may include renewal options.
What documents are required to bid on this Bid?
Requirements vary by solicitation, but common documents include a technical proposal, cost/price proposal, proof of insurance, relevant certifications, past performance references, and any forms specified in the solicitation. This solicitation specifically requires the following attachments: list of branches, commission in response. Review the full document from City of Jackson for the complete list.
What is the scope of this project?
This solicitation defines a specific project scope. The scope covers the following locations: Jackson, MS. Review the full solicitation for detailed scope requirements.