Overview
Fit Score
Settle Intelligence
Settle helps teams find, evaluate, and respond to public RFPs. We continuously surface new opportunities, score them against your company strengths, and draft proposal responses so you can focus on the work that wins business.
SUMMARY
KEY REQUIREMENTS
BUDGET
EstimateCONTRACT DURATION
TIMELINE
March 25th, 2026: Document issued.
April 16th, 2026, 2:00 P.M.: Bid submission deadline.
April 21st, 2026: School Board meeting for selection of depository or depositories.
July 1st, 2026: Contract start date.
June 30th, 2029: Contract end date.
Issuing Agency
Biloxi Public Schools
Organization overview and procurement intelligence available on paid plans.
DESCRIPTION
The government authority in Biloxi, Mississippi is seeking a vendor to provide comprehensive depository services. The selected institution will be responsible for managing sweep accounts in the background to ensure that individual bank account balances and reconciliations are not affected by sweep transactions. Each bank account must be maintained separately to promote organizational clarity and simplify reconciliation.
Intra-bank transactions between lead banks must also occur in the background, without impacting individual account balances. The selected bank is required to provide computerized online access to all designated accounts, ensuring transparency and accessibility for authorized personnel. Additionally, banks should not charge separately for ancillary services, including stop payments, deposit books, stamps, internet services, and transfers.
Source attribution
This Settle analysis is based on the issuing organization’s public RFP listing.