06-20-2025 School District Depository #18358

(A) The District reserves the right to request, after bids are opened, any additional information regarding the bid which will help in determining the successful bidder.
(B) The District reserves the right:
1. To award bids received on the basis of individual accounts, groups of accounts, or on all accounts of the District
2. To reject any or all bids, or any part thereof
3. To waive any and all formalities
4. To designate one or more banks submitting bids as depositories, and to deposit school district funds with any depository from time to time during the fiscal year according to the best interests of the District, including but not limited to interest rate, cost, services
offered and convenience to the District
5. To accept the bid ·that is the most responsive and responsible
bid(s) in the best interest of the District
(C) Bids cannot be withdrawn for a period of thirty (30) days after the bid opening date.
(D) Once accepted by th􀀴 Board, no bids may be withdrawn.
(E) The District reserves the right to deposit any of its surplus funds,
including but not limited to bond funds and any surplus operating
funds with any bank qualified as a depository for state funds or as
otherwise allowed by law.
(F) The decision of the School Board shall be final.
If any additional information or clarification is needed, contact Kamilah Parris, Business Manager at (662) 627-8500.