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Bay County Airport Authority (FL) Awards Facilities Contract to Iag Aero Group (June 2026)

Bay County Airport Authority (FL) logoBay County Airport Authority (FL)
Approved
Jun 24, 2026

The 30-second brief

What it covers

The Board approved a Lease and Development Agreement with IAG Aero Group for a 120,000-square-foot engine overhaul facility, with options for additional parcels at $0.03 per square foot for five years. The project will be supported by a $25 million Triumph grant and $5 million in state commerce funds.

Who holds it

Iag Aero Group holds this facilities contract with Bay County Airport Authority (FL). Its other public contracts on record include work for Northwest Florida Beaches International Airport Authority and Northwest Florida Beaches International Airport.

What happens next

Term as filed: $0.03 per square foot for five years (initial parcel).

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Contract details

Contract type
Facilities
Document date
June 24, 2026
Term
$0.03 per square foot for five years (initial parcel)
Vendor
Iag Aero Group
Agency
Bay County Airport Authority (FL)
Source document
Panama City – Bay County Airport and Industrial District Minutes Meeting Minutes 2026-06-24 (Minutes)

Iag Aero Group's other public contracts

Bay County Airport Authority (FL), FloridaIAG Aero Group Lease and Development Approved · Jul 22, 2026UndisclosedNorthwest Florida Beaches International Airport Authority, FloridaLease and development pact with IAG Aero Group for engine facility · Jun 24, 2026UndisclosedBay County Airport Authority (FL), FloridaRFQ Planned for IAG Aero Group Facilities · Mar 25, 2026UndisclosedNorthwest Florida Beaches International Airport, Florida$25 million approved for MRO facility construction · Jun 25, 2025$25MNorthwest Florida Beaches International Airport, FloridaIAG Aero Group to Manage Aviation Projects · Dec 18, 2024UndisclosedAll Iag Aero Group contractsVendor profile

More Bay County Airport Authority (FL) contracts

MENZIESBoard To Vote On Menzies Fuel System Contract · Jul 22, 2026UndisclosedARDURRAArdurra Continues CMAR Oversight for Airport Projects · Jul 22, 2026UndisclosedMorgan Contracting IncFuel Farm Expansion Contract With Morgan Contracting · Jul 22, 2026UndisclosedAVCONAVCON Task Order For Passenger Boarding Bridge Design · Jul 22, 2026UndisclosedCarahsoft Technology CorporationAirport Approves MySmartPlans Addendum With Carahsoft · Jul 22, 2026UndisclosedAll Bay County Airport Authority (FL) activityAgency profile

Questions about this contract

Who was awarded the facilities contract by Bay County Airport Authority (FL)?

Iag Aero Group was awarded this facilities contract by Bay County Airport Authority (FL), as recorded on June 24, 2026.

What type of contract is this?

This is a Facilities contract, documented as a minutes record.

Where was this contract approved?

This contract appears in Panama City – Bay County Airport and Industrial District Minutes Meeting Minutes 2026-06-24 (Minutes), dated June 24, 2026 from Bay County Airport Authority (FL). Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Iag Aero Group hold?

Iag Aero Group may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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What is Bay County Airport Authority (FL) currently buying?

Explore Bay County Airport Authority (FL)'s vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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