Port Canaveral Capital Projects Update April 2026
Ivey's Construction CT5 Expansion Contract Heavily Amended
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Description
Port Canaveral’s Cruise Terminal 5 Expansion construction contract with Ivey's Construction has been amended from an initial $2,573,156 to $78,950,797.73 through GMP and subsequent change orders. The work covers structural, utility, and interior expansion of the terminal.
Contract Details
Contract Amount
Original contract $2,573,156; Change orders $66,425,824.07 and $9,951,817.17; New value $78,950,797.73
Vendor
IVEY'S CONSTRUCTION
Agency
Canaveral Port District, FL
Contract Type
CONSTRUCTION
Document Date
April 1, 2026
Renewal Info
Multiple major change orders increased the construction PO, including a GMP amendment and a February 2026 change order bringing the total to $78,950,797.73.
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