This Solicitation opportunity from Mississippi was posted on November 24, 2025. The submission period has ended. Browse the details below for market research, or find similar active opportunities.
Promissory Note or Line of Credit Financing for Fiscal Year 2025-2026 Operational Cash Flow
Contract Overview
Solicitation details, issuing organization, response deadlines, documents, and interested companies for this government contract opportunity.
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AI Contract Overview
Jones College is inviting sealed bids from qualified financial institutions for a financing arrangement in the form of a Promissory Note, Negotiable Note, or Line of Credit not exceeding $6,000,000. This financing is intended to support the college’s operational cash flow for the fiscal year 2025-2026. The solicitation is managed under the Mississippi Procurement Technical Assistance Program and adheres to relevant state procurement laws. The bidding process requires submissions to be made in writing by 12:00 p.m. on January 5, 2026, addressed to Christy Holifield, the Executive Vice President of Business Affairs and CFO at Jones College. Bid openings are scheduled for the following day at 10:00 a.m. Key details include the solicitation number 3170034474, and the financing will be sourced from the general pool of qualified financial institutions capable of meeting the terms stipulated by the college. The procurement process is intended to ensure competitive and compliant selection of a financial partner to provide necessary liquidity during the fiscal year. The solicitation was publicly posted in late November 2025 with relevant instructions, submission requirements, and timelines clearly outlined to facilitate an organized and transparent bidding process. This contract aims to secure a stable financing vehicle to maintain the college’s operational needs while adhering to state regulatory requirements.
General Info
Place of Performance
MS, USASet-Aside
Timeline
Submission Closed
Organization & Contact Information
Full Description
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