Area O-2 CDBG-DR Construction Contract Awarded to Royal American Construction
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Description
The City Commission awarded the contract for CDBG-DR Area O-2 to Royal American Construction Company, Inc. for over $2.1 million, including contingency funds.
Contract Details
Contract Amount
$2,027,392.01 (base), $2,128,761.61 (with 5% contingency)
Vendor
ROYAL AMERICAN CONSTRUCTION COMPANY INC
Agency
City of Panama, FL
Contract Type
CONSTRUCTION
Document Date
February 10, 2026
Renewal Info
Initial contract award; 5% contingency included for project adjustments.
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