OTHERPENDING

Panacea Shipping Company Grant Amendment on Board Agenda

A revised incentive agreement for up to $10,406.25 in building and site improvements at 311 N. Broadway St. with Panacea Shipping Company Inc. is under consideration by the Board.

Status
PENDING
Document date
February 9, 2026
Contract type
OTHER
Vendor
Panacea Shipping Company Inc
Agency
City of La Porte · TX

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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
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
Not to exceed $10,406.25
Contract type
OTHER
Contract term
Agreement expires two (2) years from Board approval; all completion and reimbursement submissions due within one (1) year unless extended
Renewal
New amendment likely restarts performance and reimbursement deadlines; normal extensions may be granted upon written request before the one-year period expires. Full agreement term two years unless further extended mutually.
Document type
Agenda
Source document
La Porte Development Corporation Board Meeting Agenda February 2026

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the government contract by City of La Porte?

Panacea Shipping Company Inc was awarded this government contract by City of La Porte, as recorded on February 9, 2026. The contract value is Not to exceed $10,406.25.

How much is the Panacea Shipping Company Inc contract with City of La Porte worth?

The Panacea Shipping Company Inc contract with City of La Porte is valued at Not to exceed $10,406.25.

What type of contract is this?

This is a government contract, documented as a agenda record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in La Porte Development Corporation Board Meeting Agenda February 2026 (Agenda), dated February 9, 2026 from City of La Porte. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Panacea Shipping Company Inc hold?

Panacea Shipping 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.

View Panacea Shipping Company Inc's profile

What is City of La Porte currently buying?

Explore City of La Porte's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View City of La Porte's profile

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