Airport Authority Reviews HPTJV Terminal Demolition Pricing
Burbank-Glendale-Pasadena Airport AuthAirport Authority · Burbank, CA- Disclosed value
- Proposed CGMP 20 amount; HPTJV verbally committed to reduce the proposed demolition cost by approximately $3.5 million, while the Authority seeks an overall reduction in the range of $10 million
- From agendapacket
- Document date
- Nov 14, 2026
The 30-second brief
The Burbank-Glendale-Pasadena Airport Authority is reviewing HPTJV's proposed CGMP 20 pricing for Legacy Terminal Demolition. HPTJV committed to reduce the proposed cost by approximately $3.5 million, while the Authority is seeking an overall reduction of about $10 million and further resolution of scope and risk concerns.
Holder Pankow Tec Joint Venture (Hptjv) holds this construction contract with Burbank-Glendale-Pasadena Airport Auth.
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Contract details
- Contract type
- Construction
- Amount
- Proposed CGMP 20 amount; HPTJV verbally committed to reduce the proposed demolition cost by approximately $3.5 million, while the Authority seeks an overall reduction in the range of $10 million
- Document date
- November 14, 2026
- Vendor
- Holder Pankow Tec Joint Venture (Hptjv)
- Source document
- Burbank-Glendale-Pasadena Airport Authority AgendaPacket Legal, Government and Environmental Affairs Committee Meeting 2026-11-16 (AgendaPacket)
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Questions about this contract
Who was awarded the construction contract by Burbank-Glendale-Pasadena Airport Auth?
Holder Pankow Tec Joint Venture (Hptjv) was awarded this construction contract by Burbank-Glendale-Pasadena Airport Auth, as recorded on November 14, 2026. The contract value is Proposed CGMP 20 amount; HPTJV verbally committed to reduce the proposed demolition cost by approximately $3.5 million, while the Authority seeks an overall reduction in the range of $10 million.
How much is the Holder Pankow Tec Joint Venture (Hptjv) contract with Burbank-Glendale-Pasadena Airport Auth worth?
The Holder Pankow Tec Joint Venture (Hptjv) contract with Burbank-Glendale-Pasadena Airport Auth is valued at Proposed CGMP 20 amount; HPTJV verbally committed to reduce the proposed demolition cost by approximately $3.5 million, while the Authority seeks an overall reduction in the range of $10 million, covering construction work.
What type of contract is this?
This is a Construction contract, documented as a agendapacket record.
Where was this contract approved?
This contract appears in Burbank-Glendale-Pasadena Airport Authority AgendaPacket Legal, Government and Environmental Affairs Committee Meeting 2026-11-16 (AgendaPacket), dated November 14, 2026 from Burbank-Glendale-Pasadena Airport Auth. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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