Rockingham Authorizes Electronic Property Auction Through Iron Horse
City of RockinghamCity · NC- Disclosed value
- Buyer’s Premium of eight percent (8%) of the final contract purchase price; buyer deposit of twenty percent (20%) of the final contract purchase price
- From agendapacket
- Approved
- Oct 12, 2026
- Renews
- Free account
The 30-second brief
The Rockingham City Council authorized an electronic auction of the surplus Food King building and related real property through Iron Horse Auction Co., Inc. Bidding will run from November 24 through December 1, 2026, with an 8% buyer’s premium and sale subject to Council approval of the highest bid.
Iron Horse Auction Company Inc holds this contract with City of Rockingham.
The renewal date is on record. A free account shows it, with the renewals for every City of Rockingham contract.
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Contract details
- Amount
- Buyer’s Premium of eight percent (8%) of the final contract purchase price; buyer deposit of twenty percent (20%) of the final contract purchase price
- Document date
- October 12, 2026
- Term
- Electronic auction bidding begins November 24, 2026 at 2:00 p.m. Eastern Standard Time and ends December 1, 2026 at 2:00 p.m. Eastern Standard Time
- Renews
- Free account
- Agency
- City of Rockingham
- Source document
- Rockingham City Council AgendaPacket City Council Meeting October 13, 2026 (AgendaPacket)
More City of Rockingham contracts
Questions about this contract
Who was awarded the government contract by City of Rockingham?
Iron Horse Auction Company Inc was awarded this government contract by City of Rockingham, as recorded on October 12, 2026. The contract value is Buyer’s Premium of eight percent (8%) of the final contract purchase price; buyer deposit of twenty percent (20%) of the final contract purchase price.
How much is the Iron Horse Auction Company Inc contract with City of Rockingham worth?
The Iron Horse Auction Company Inc contract with City of Rockingham is valued at Buyer’s Premium of eight percent (8%) of the final contract purchase price; buyer deposit of twenty percent (20%) of the final contract purchase price.
What type of contract is this?
This is a government contract, documented as a agendapacket record.
Where was this contract approved?
This contract appears in Rockingham City Council AgendaPacket City Council Meeting October 13, 2026 (AgendaPacket), dated October 12, 2026 from City of Rockingham. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Iron Horse Auction Company Inc hold?
Iron Horse Auction Company 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 Rockingham currently buying?
Explore City of Rockingham's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.