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Port sets CT1 cost recovery with Royal Caribbean

Canaveral Port District logoCanaveral Port District
Disclosed value
$1,718,731.71 plus interest (Additional CCRC to reimburse CT 1 Improvements Capital Cost)
From agendapacket
Document date
Jul 1, 2026
Renews
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The 30-second brief

What it covers

The Canaveral Port Authority is considering a Second Amendment to its Operating Agreement with Royal Caribbean Cruises LTD to recover $1,718,731.71 in Cruise Terminal 1 improvement costs via a $0.40 per‑passenger capital cost recovery charge. The 18‑month repayment schedule runs from January 1, 2026 through July 1, 2027 at a 4.25% interest rate.

Who holds it

Royal Caribbean Cruises Ltd holds this contract with Canaveral Port District. Its other public contracts on record include work for Broward County Mosquito Control.

What happens next

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Contract details

Amount
$1,718,731.71 plus interest (Additional CCRC to reimburse CT 1 Improvements Capital Cost)
Document date
July 1, 2026
Term
January 1, 2026 through July 1, 2027 (18‑month recovery period)
Renews
On record
Vendor
Royal Caribbean Cruises Ltd
Agency
Canaveral Port District
Source document
Canaveral Port Authority Agenda Packet 2026-07-01 (AgendaPacket)

Royal Caribbean Cruises Ltd's other public contracts

Broward County Mosquito Control, FloridaCounty Plans Royal Caribbean Port Agreement Extension · Nov 2, 2026UndisclosedCanaveral Port District, FloridaPort Amends Operating Agreement With Royal Caribbean · Jul 1, 2026UndisclosedCanaveral Port District, FloridaPort Seeks RCCL Payback Schedule for Terminal Upgrades · Jul 1, 2026All Royal Caribbean Cruises Ltd contractsVendor profile

More Canaveral Port District contracts

Ivey's Construction IncPedestrian Canopies Contract Amended With Ivey's Construction · Oct 28, 2026Procon Consulting LLCPort Approves $109,200 Procon Engineering Agreement · Oct 27, 2026Harbour Mastery Inc (Hmi)Port Considers Five-Year Harbour Mastery Software Deal · Oct 27, 2026Danella ConstructionPort Plans FY27 Security Services Orders With Danella · Oct 27, 2026Stone Security LLCPort Plans FY27 Security Systems Orders With Stone · Oct 27, 2026All Canaveral Port District activityAgency profile

Questions about this contract

Who was awarded the government contract by Canaveral Port District?

Royal Caribbean Cruises Ltd was awarded this government contract by Canaveral Port District, as recorded on July 1, 2026. The contract value is $1,718,731.71 plus interest (Additional CCRC to reimburse CT 1 Improvements Capital Cost).

How much is the Royal Caribbean Cruises Ltd contract with Canaveral Port District worth?

The Royal Caribbean Cruises Ltd contract with Canaveral Port District is valued at $1,718,731.71 plus interest (Additional CCRC to reimburse CT 1 Improvements Capital Cost).

What type of contract is this?

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

Where was this contract approved?

This contract appears in Canaveral Port Authority Agenda Packet 2026-07-01 (AgendaPacket), dated July 1, 2026 from Canaveral Port District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Royal Caribbean Cruises Ltd hold?

Royal Caribbean Cruises Ltd may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

What is Canaveral Port District currently buying?

Explore Canaveral Port District's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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