Bids are due by 2:00 PM on July 23, 2026, for short-term financing for real estate purchase and improvement, not to exceed $3,000,****, with repayment within 5 years. Bids must be signed and annotated with the bid number. The City of Jonesboro reserves the right to reject any or all bids. Additional information can be obtained from the finance office or the city's website.
Bids will be received until 2:00 PM on Thursday, July 23, 2026.
Payments will be made by a prenumbered check as per AR Code ****.
In the event of two or more identical low bids, the contract may be awarded arbitrarily or for any reason to any of such bidders or split in any proportion between the said two or more bidders at the discretion of the city.
Bids must be signed or will be rejected. Bids must be submitted on the provided form. Bidders shall be aware of Davis-Bacon wage rates and Buy America regulations if applicable.
Liquidated damages shall be assessed beginning on the first day following the maximum delivery or completion time entered on this bid form and/or provided for by the plans and specifications.
Bid opening will be in the conference room on the 3rd floor if the bidder is attending.
Samples of items, when required, must be furnished free, and if not called for within 30 days from the date of bid opening, will be disposed of by the city.
Unsigned bids will be rejected. Bids must be submitted on this form, or they are subject to rejection.
The amount is not to exceed 3,000,****.