FINANCIAL_SERVICESPENDING

Bogalusa Plans Surplus Asset Auction Contract

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.

Document date · September 1, 2026

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Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
10% Commission of the gross proceeds; Marketing: Pro Rata Share
Contract type
FINANCIAL_SERVICES
Contract term
Auction to be held October 8, 2026, at 10:00 AM; net proceeds remitted within 14 days after last deposit from last auction
Renewal date
2026-10-22
Renewal
Single-event liquidation agreement for an auction scheduled on October 8, 2026; proceeds and obligations conclude after auction settlement and remittance within 14 days of last deposit. No renewals or extensions described.
Document type
AgendaPacket
Source document
City of Bogalusa AgendaPacket Regular Meeting 2026-09-01

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Frequently asked questions

Common questions about this contract, answered from the record.

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.

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.

View Servcorp International Inc's 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.

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