Port Tampa Bay Recommends Berth 139 Lease for Shipyard
Port Tampa BaySpecial District · Tampa, FL- Disclosed value
- Year 1: $854,700 annual rent ($55,000 per upland acre); Years 2-20 and extension options increase 3% annually; up to $1,000,000 in rent credits for electrical improvements; Port Tampa Bay improvements up to $600,000
- From staffreport
- Document date
- Nov 14, 2026
The 30-second brief
Port Tampa Bay recommended a lease with International Ship Repair & Marine Services, Inc. for approximately 21.30 acres at Berth 139. The 20-year lease would begin at $854,700 in annual rent, escalate 3% annually, and include two 10-year extension options plus specified improvement credits and Port-funded improvements.
International Ship Repair & Marine Services Inc holds this facilities contract with Port Tampa Bay.
Term as filed: Initial term of 20 years, with two 10-year lease extension options.
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Contract details
- Contract type
- Facilities
- Amount
- Year 1: $854,700 annual rent ($55,000 per upland acre); Years 2-20 and extension options increase 3% annually; up to $1,000,000 in rent credits for electrical improvements; Port Tampa Bay improvements up to $600,000
- Document date
- November 14, 2026
- Term
- Initial term of 20 years, with two 10-year lease extension options
- Vendor
- International Ship Repair & Marine Services Inc
- Agency
- Port Tampa Bay
- Source document
- Port Tampa Bay StaffReport Lease with International Ship Repair & Marine Services Inc 2026-11-17 (StaffReport)
International Ship Repair & Marine Services Inc's other public contracts
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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: $854,700 annual rent ($55,000 per upland acre); Years 2-20 and extension options increase 3% annually; up to $1,000,000 in rent credits for electrical improvements; Port Tampa Bay 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: $854,700 annual rent ($55,000 per upland acre); Years 2-20 and extension options increase 3% annually; up to $1,000,000 in rent credits for electrical improvements; Port Tampa Bay improvements up to $600,000, covering facilities work.
What type of contract is this?
This is a Facilities contract, documented as a staffreport record.
Where was this contract approved?
This contract appears in Port Tampa Bay StaffReport Lease with International Ship Repair & Marine Services Inc 2026-11-17 (StaffReport), dated November 14, 2026 from Port Tampa Bay. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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