CONTRACTRECOMMENDED

Port Recommends Berth 139 Lease for International Ship Repair

Port Tampa Bay
Disclosed value
Year 1 rent: $854,700 annually; rent credits not to exceed $1,000,000; Port improvements up to $600,000
From agendapacket
Document date
Nov 14, 2026
Renews
Free account

The 30-second brief

What it covers

Port Tampa Bay recommended a 20-year lease with International Ship Repair & Marine Services for approximately 21.3 acres at Berth 139. Year-one rent would be $854,700, with two 10-year extension options and annual rent increases.

Who holds it

International Ship Repair & Marine Services Inc holds this facilities contract with Port Tampa Bay.

What happens next

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Contract details

Contract type
Facilities
Amount
Year 1 rent: $854,700 annually; rent credits not to exceed $1,000,000; Port improvements up to $600,000
Document date
November 14, 2026
Term
Initial term of 20 years with two 10-year lease extension options
Renews
On record
Vendor
International Ship Repair & Marine Services Inc
Source document
Port Tampa Bay AgendaPacket Monthly Business Meeting 2026-11-17 (AgendaPacket)

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Questions about this contract

Who was awarded the facilities contract by Port Tampa Bay?

International Ship Repair & Marine Services Inc was awarded this facilities contract by Port Tampa Bay, as recorded on November 14, 2026. The contract value is Year 1 rent: $854,700 annually; rent credits not to exceed $1,000,000; Port improvements up to $600,000.

How much is the International Ship Repair & Marine Services Inc contract with Port Tampa Bay worth?

The International Ship Repair & Marine Services Inc contract with Port Tampa Bay is valued at Year 1 rent: $854,700 annually; rent credits not to exceed $1,000,000; Port improvements up to $600,000, covering facilities work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Port Tampa Bay AgendaPacket Monthly Business Meeting 2026-11-17 (AgendaPacket), dated November 14, 2026 from Port Tampa Bay. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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