Bogalusa Plans Surplus Asset Auction Contract
City of BogalusaCity · Bogalusa, LA- Disclosed value
- 10% Commission of the gross proceeds; Marketing: Pro Rata Share
- From agendapacket
- Document date
- Sep 1, 2026
The 30-second brief
The Bogalusa City Council is considering an ordinance to authorize a contract with ServCorp International, Inc. to conduct a public auction of the City’s surplus personal and real property. ServCorp will liquidate assets on October 8, 2026, for a 10% commission on gross proceeds, with marketing costs allocated on a pro rata basis and net proceeds remitted to the City.
Servcorp International Inc holds this financial services contract with City of Bogalusa.
Term as filed: Auction to be held October 8, 2026, at 10:00 AM; net proceeds remitted within 14 days after last deposit from last auction.
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Contract details
- Contract type
- Financial Services
- Amount
- 10% Commission of the gross proceeds; Marketing: Pro Rata Share
- Document date
- September 1, 2026
- Term
- Auction to be held October 8, 2026, at 10:00 AM; net proceeds remitted within 14 days after last deposit from last auction
- Agency
- City of Bogalusa
- Source document
- City of Bogalusa AgendaPacket Regular Meeting 2026-09-01 (AgendaPacket)
Servcorp International Inc's other public contracts
More City of Bogalusa contracts
Questions about this contract
Who was awarded the financial services contract by City of Bogalusa?
Servcorp International Inc was awarded this financial services contract by City of Bogalusa, as recorded on September 1, 2026. The contract value is 10% Commission of the gross proceeds; Marketing: Pro Rata Share.
How much is the Servcorp International Inc contract with City of Bogalusa worth?
The Servcorp International Inc contract with City of Bogalusa is valued at 10% Commission of the gross proceeds; Marketing: Pro Rata Share, covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a agendapacket record.
Where was this contract approved?
This contract appears in City of Bogalusa AgendaPacket Regular Meeting 2026-09-01 (AgendaPacket), dated September 1, 2026 from City of Bogalusa. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Servcorp International Inc hold?
Servcorp International Inc may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
What is City of Bogalusa currently buying?
Explore City of Bogalusa's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.