Port Considers Audit Contract Extension With Tipton Firm
- Disclosed value
- $45,968 for the fiscal year 2025 audit; expected to increase 4% to 5% annually for the next two years
- From agendapacket
- Document date
- Aug 19, 2026
The 30-second brief
The Panama City Port Authority is considering extending its independent audit contract with Tipton, Marler, Garner & Chastain. The existing three-year agreement is ending, and staff recommended exercising a one- or two-year extension option with annual fee increases of approximately 4% to 5%.
Tipton, Marler, Garner & Chastain holds this professional services contract with City of Panama. Its other public contracts on record include work for Bay Medical Center and Bay County Airport Authority (FL).
Term as filed: Existing three-year contract from 2023; one- or two-year extension option under consideration.
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Contract details
- Contract type
- Professional Services
- Amount
- $45,968 for the fiscal year 2025 audit; expected to increase 4% to 5% annually for the next two years
- Document date
- August 19, 2026
- Term
- Existing three-year contract from 2023; one- or two-year extension option under consideration
- Vendor
- Tipton, Marler, Garner & Chastain
- Agency
- City of Panama
- Source document
- Panama City Port Authority Agenda Packet 2026-08-19 (AgendaPacket)
Tipton, Marler, Garner & Chastain's other public contracts
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Questions about this contract
Who was awarded the professional services contract by City of Panama?
Tipton, Marler, Garner & Chastain was awarded this professional services contract by City of Panama, as recorded on August 19, 2026. The contract value is $45,968 for the fiscal year 2025 audit; expected to increase 4% to 5% annually for the next two years.
How much is the Tipton, Marler, Garner & Chastain contract with City of Panama worth?
The Tipton, Marler, Garner & Chastain contract with City of Panama is valued at $45,968 for the fiscal year 2025 audit; expected to increase 4% to 5% annually for the next two years, covering professional services work.
What type of contract is this?
This is a Professional Services contract, documented as a agendapacket record.
Where was this contract approved?
This contract appears in Panama City Port Authority Agenda Packet 2026-08-19 (AgendaPacket), dated August 19, 2026 from City of Panama. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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