RCP&E Proposes $3.125 Million Rail Line Purchase
Mrc Regional Railroad AuthoritySpecial District · Pierre, SD- Disclosed value
- $3,125,000, with $2,000,000 paid at closing and $1,125,000 in four equal annual installments of $281,250
- From proposal
- Document date
- Dec 12, 2025
The 30-second brief
Rapid City, Pierre & Eastern Railroad, Inc. proposed purchasing the Wolsey Interchange and Yale Rail Line from the State of South Dakota for $3.125 million. The purchase would cover associated land, track, and bridge infrastructure, with $2 million due at closing and the balance payable over four years.
Rapid City, Pierre & Eastern Railroad Inc (Rcp&e) holds this contract with Mrc Regional Railroad Authority.
Term as filed: Four years for installment payments following closing; purchase authority expected to be effective 30 days after required STB filing.
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Contract details
- Amount
- $3,125,000, with $2,000,000 paid at closing and $1,125,000 in four equal annual installments of $281,250
- Document date
- December 12, 2025
- Term
- Four years for installment payments following closing; purchase authority expected to be effective 30 days after required STB filing
- Vendor
- Rapid City, Pierre & Eastern Railroad Inc (Rcp&e)
- Source document
- South Dakota Department of Transportation Proposal Proposal to Purchase Wolsey Interchange and Yale Rail Line 2025-12-12 (Proposal)
Rapid City, Pierre & Eastern Railroad Inc (Rcp&e)'s other public contracts
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Questions about this contract
Who was awarded the government contract by Mrc Regional Railroad Authority?
Rapid City, Pierre & Eastern Railroad Inc (Rcp&e) was awarded this government contract by Mrc Regional Railroad Authority, as recorded on December 12, 2025. The contract value is $3,125,000, with $2,000,000 paid at closing and $1,125,000 in four equal annual installments of $281,250.
How much is the Rapid City, Pierre & Eastern Railroad Inc (Rcp&e) contract with Mrc Regional Railroad Authority worth?
The Rapid City, Pierre & Eastern Railroad Inc (Rcp&e) contract with Mrc Regional Railroad Authority is valued at $3,125,000, with $2,000,000 paid at closing and $1,125,000 in four equal annual installments of $281,250.
What type of contract is this?
This is a government contract, documented as a proposal record.
Where was this contract approved?
This contract appears in South Dakota Department of Transportation Proposal Proposal to Purchase Wolsey Interchange and Yale Rail Line 2025-12-12 (Proposal), dated December 12, 2025 from Mrc Regional Railroad Authority. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What is Mrc Regional Railroad Authority currently buying?
Explore Mrc Regional Railroad Authority's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.