State Finalizes Rail Asset Sale to RCP&E
Mrc Regional Railroad AuthoritySpecial District · Pierre, SD- Disclosed value
- $2 million down payment; remaining installment amounts not stated
- From minutes
- Document date
- Oct 21, 2026
- Renews
- Free account
The 30-second brief
South Dakota finalized the sale of the Wolsey Interchange and Huron/Yale line to Rapid City, Pierre & Eastern Railroad, Inc. The state received a $2 million down payment and will monitor installment payments due through 2030.
Rapid City, Pierre & Eastern Railroad Inc (Rcp&e) holds this contract with Mrc Regional Railroad Authority.
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Contract details
- Amount
- $2 million down payment; remaining installment amounts not stated
- Document date
- October 21, 2026
- Term
- Remaining installment payments due on or before September 30 each year through 2030
- Renews
- On record
- Vendor
- Rapid City, Pierre & Eastern Railroad Inc (Rcp&e)
- Source document
- South Dakota State Railroad Board Minutes October 21, 2026 (Minutes)
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 October 21, 2026. The contract value is $2 million down payment; remaining installment amounts not stated.
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 $2 million down payment; remaining installment amounts not stated.
What type of contract is this?
This is a government contract, documented as a minutes record.
Where was this contract approved?
This contract appears in South Dakota State Railroad Board Minutes October 21, 2026 (Minutes), dated October 21, 2026 from Mrc Regional Railroad Authority. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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