FACILITIESAPPROVED

Laredo Airport Advisory Board Awards Facilities Contract to Gravity Jets Llc (May 2025)

The City of Laredo approved a ground lease with Gravity Jets, LLC for a parcel at Laredo International Airport to construct a concrete fuel containment pad, with rent set at $250 per month and adjusted annually by CPI. The lease includes one option to extend for an additional nine years.

Document date · May 5, 2025

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Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
$250.00 per month, CPI-adjusted annually
Contract type
FACILITIES
Contract term
Initial term not stated; one option to extend for an additional nine years
Renewal
Lease includes one option to extend the occupancy term for an additional nine years; rent adjusted annually based on CPI.
Document type
Minutes
Source document
city_of_laredo_city_council_meeting_minutes_may_5.pdf

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the facilities contract by Laredo Airport Advisory Board?

Gravity Jets Llc was awarded this facilities contract by Laredo Airport Advisory Board, as recorded on May 5, 2025. The contract value is $250.00 per month, CPI-adjusted annually.

How much is the Gravity Jets Llc contract with Laredo Airport Advisory Board worth?

The Gravity Jets Llc contract with Laredo Airport Advisory Board is valued at $250.00 per month, CPI-adjusted annually, covering facilities work.

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 city_of_laredo_city_council_meeting_minutes_may_5.pdf (Minutes), dated May 5, 2025 from Laredo Airport Advisory Board. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Gravity Jets Llc hold?

Gravity Jets Llc 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 Laredo Airport Advisory Board currently buying?

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