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Port Approves $880,000 Purchase of Pegram Property

Port Of Othello
Disclosed value
$880,000 purchase price; 7% interest; $250,000 down payment
From minutes
Approved
Oct 12, 2026
Term
6-year payoff
Renews
Free account

The 30-second brief

What it covers

The Port of Othello approved the purchase of the Pegram property for $880,000. The transaction includes 7% interest, a $250,000 down payment, and a six-year payoff schedule.

Who holds it

PEGRAM holds this contract with Port Of Othello. Its other public contracts on record include work for Tennessee Local Development Authority | State of Tennessee and Cheatham County.

What happens next

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Contract details

Amount
$880,000 purchase price; 7% interest; $250,000 down payment
Document date
October 12, 2026
Term
6-year payoff
Renews
On record
Vendor
PEGRAM
Agency
Port Of Othello
Source document
Port of Othello Minutes Commissioner Meeting 2026-10-12 (Minutes)

PEGRAM's other public contracts

Tennessee Local Development Authority | State of Tennessee, TennesseeTLDA Approves $2.4 Million Pegram Water Loan · Jul 27, 2026$2.4MCheatham County, TennesseeTown of Pegram awarded $15K library funding · Dec 15, 2025$15KAll PEGRAM contractsVendor profile

More Port Of Othello contracts

Pegram, DougPort Approves Turn-Lane Payment to Doug Pegram · Oct 12, 2026APOLLOApollo Construction Work Nears Completion at Bruce Buildings · Oct 12, 2026UndisclosedJub EngineeringPort Continues Engineering Coordination With JUB Engineering · Oct 12, 2026UndisclosedBURNAMPort of Othello Approves Burnam Property Lease · Aug 24, 2026UndisclosedTapani IncPort Awards Airport Bid to Tapani, Inc. · Jun 23, 2026UndisclosedAll Port Of Othello activityAgency profile

Questions about this contract

Who was awarded the government contract by Port Of Othello?

PEGRAM was awarded this government contract by Port Of Othello, as recorded on October 12, 2026. The contract value is $880,000 purchase price; 7% interest; $250,000 down payment.

How much is the PEGRAM contract with Port Of Othello worth?

The PEGRAM contract with Port Of Othello is valued at $880,000 purchase price; 7% interest; $250,000 down payment.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Port of Othello Minutes Commissioner Meeting 2026-10-12 (Minutes), dated October 12, 2026 from Port Of Othello. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does PEGRAM hold?

PEGRAM 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 Port Of Othello currently buying?

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

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