Aracor Inc Building New AP4 Pilot Vessel

Aracor Inc is constructing the 72-foot AP4 pilot vessel for the Aransas-Corpus Christi Pilots under financed loan #9020, with an expected outlay of about $7.5 million for the hull, propulsion, electronics, safety systems, and change orders. The Port’s Pilot Vessel Capital Fund will cover the costs through a 75/25 industry-to-pilot cost allocation and a dedicated recovery fee.

Scope & details

The full contract record, as filed.

Contract amount

$7,501,763.62 (expected outlay for AP4, excluding future interest)

Contract type

EQUIPMENT

Renewal

Loan #9020 currently in interest-only phase with payments recorded from April 2025 through March 2026; final amortization schedule and end date not stated. Costs recovered via Pilot Vessel Capital Recovery Fee as governed by the pilot tariff.

Document type

AgendaPacket

Source document

Port of Corpus Christi Authority Agenda Packet 2026-08-18

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Port of Corpus Christi Authority Agenda Packet 2026-08-18

ONGOING

PORT OF CORPUS CHRISTI AUTHORITY, Texas$5,141,022.14Aug 18, 2026

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the equipment contract by PORT OF CORPUS CHRISTI AUTHORITY?

Aracor Inc was awarded this equipment contract by PORT OF CORPUS CHRISTI AUTHORITY, as recorded on August 18, 2026. The contract value is $7,501,763.62 (expected outlay for AP4, excluding future interest).

How much is the Aracor Inc contract with PORT OF CORPUS CHRISTI AUTHORITY worth?

The Aracor Inc contract with PORT OF CORPUS CHRISTI AUTHORITY is valued at $7,501,763.62 (expected outlay for AP4, excluding future interest), covering equipment work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Port of Corpus Christi Authority Agenda Packet 2026-08-18 (AgendaPacket), dated August 18, 2026 from PORT OF CORPUS CHRISTI AUTHORITY. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Aracor Inc hold?

Aracor Inc 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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