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Decision 7 of 7, by date · Bid 26-029 · FSTED · 2026

HPMCE Dock Complex

New public money after 'complete': $7.97M of dock works awarded in 2026 — and the executed contract is not in the corpus. S-16 S-17

Read the record ↓
◈ The record does not establish that an executed instrument exists — as reported, not as read
◈Bid 26-029 awarded 2026-05-11.
◈The archived contract copy's execution line is blank — an executed copy is not confirmed held.
◈180-day completion clock from notice to proceed, $500/day penalty.
S-17 S-16
Primary instrument: Construction contract, Bid #26-029 · not in the corpus W-01
Date anchor: Council award of Bid 26-029 · 2026-05-11 S-16 S-17
Public money committed
$7.97M
FSTED Grant G3B51$5.98M S-17
Port local match$1.99M S-17
share of project100% of the $7.97M project as stated S-17
Jobs promised
no jobs claim in the record
as boundas reported, not as read
Wages
no wage claim in the record
Binding today
as reported, not as read
governing instrumentConstruction contract, Bid #26-029 not in the corpus W-01
stateinstrument not retrieved
next public date180-day landside completion clock from notice to proceed S-16 S-17 S-15
Capital stack of the $7.97M project, as stated S-17100% — the primary public funding above
$5.98MFSTED Grant G3B51committed
$1.99MPort local matchcommitted
primary instruments S-17stack as stated · 2026-05-11 S-17

New public capital after the Triumph arc "closed": a berth, breakwater, and −20 ft dredged channel — "American Magic Phase II" in the documents — funded by FDOT/FSTED, not Triumph. A closed decision can still accrete public money; this page is the proof. S-16 S-17

Bottom line — every sentence assembled from the cited record
Promised

A deep-water berth, breakwater, and −20 ft dredged channel — "American Magic Phase II" in the documents — budgeted at $7.97M in FSTED grant money plus Port match.

S-16 S-17
Binding

RJ Gorman's landside contract: $3,980,432.27, 180 days from notice to proceed, $500/day delay penalty. The archived contract copy's execution date is blank.

S-16 S-17
What changed

This award is itself the change: new public capital flowing into American-Magic-serving infrastructure in 2026 — after the Triumph decision was recorded as complete.

S-16 S-17
The record in detail — open any line
What the record documents
executed or on the public record
Public money, from the ledgerThis decision's rows in the Money ledger — statuses and totals never mixed.
Funder · recipientAmountInstrument · citations
State of Florida — FSTED (FDOT seaport program)
Port of Pensacola — HPMCE Dock Complex (American Magic Phase II)		$5,978,851
committed		FSTED Grant G3B51
S-17
Local government — Port of Pensacola
Port of Pensacola — local match, HPMCE Dock Complex		$1,992,860
committed		Port local match (Supplemental Budget Resolution 2025-99)
S-17

Rows are this decision's entries in the Money ledger; stages are never summed together.

The awardCity Council item #26-190 (Agenda Conference 2026-05-11): award of Bid 26-029, landside construction, to R J Gorman of Panama City — $3,980,432.27 base + 10% contingency.● verified

City Council item #26-190 (Agenda Conference 2026-05-11): award of Bid 26-029, landside construction, to R J Gorman of Panama City — $3,980,432.27 base + 10% contingency. Funding: FSTED Grant G3B51 $5,978,851 + $1,992,860 local Port match. 180-day completion, $500/day delay penalty.

verified S-16 S-17
provenancerecord/decisions/american-magic-315/american-magic-extraction-run-05.md

Numeric inconsistencies in the official memo are preserved, not corrected: the grant appears as $5,978,851 in the funding table but $5,978,581 in the body; the contingency as $398,044 (table, the correct 10%) but $393,044 (recommendation).

verified S-17
provenancerecord/decisions/american-magic-315/american-magic-extraction-run-05.md
What is unresolved
held open until a document settles it
Open questionsThe listed FSTED funding actions do not sum to the $5,978,851 current total — the full funding history is not itemized in the memo.◈ open question

The listed FSTED funding actions do not sum to the $5,978,851 current total — the full funding history is not itemized in the memo.

monitored S-17
provenancerecord/decisions/american-magic-315/american-magic-extraction-run-05.md

A −20 ft berth and dredged channel is heavier infrastructure than sailing requires, and could serve deep-water vessel construction (Saildrone- or Birdon-class hulls). The documents say "American Magic Phase II"; the heavier reading is held open as an inference, unconfirmed.

monitored S-16 S-17
provenancerecord/decisions/american-magic-315/american-magic-extraction-run-05.md
Relationships in the graph
HPMCE Dock Complex (Bid 26-029)—part of→American Magic (#315)
● verified
S-16 S-17
HPMCE Dock Complex (Bid 26-029)—funded by→FDOT / FSTED (Florida Seaport Transportation & Economic Development)
● verified
S-17
City of Pensacola—grantee of→HPMCE Dock Complex (Bid 26-029)
● verified
S-16 S-17
HPMCE Dock Complex (Bid 26-029)—located at→Port of Pensacola
● verified
S-16 S-17

Verified edges are supported by an executed document. Proposed and reported edges describe instruments that are drafted, approved-but-nonbinding, or stated publicly. Inferred edges are the project's own reading of the record, labeled as such.

Sources behind this page's runs
S-07 Triumph Gulf Coast, Inc. — Semi-Annual Report, January 2026 – June 2026
S-08 Saildrone press release — "Saildrone Retains American Magic Services; Unveils Spectre …"
S-15 Port of Pensacola FY2025 Annual Financial Report (MD&A)
S-16 Contract — City of Pensacola ↔ R J Gorman (Bid #26-029), HPMCE Dock Complex landside construction
S-17 City of Pensacola Agenda Conference memo #26-190 — "AWARD OF BID 26-029 – HPMCE DOCK COMPLEX"
S-19 UWF WAVE Proposal ("330-UWF_WAVE_ProposalUpdated-9-24.pdf", 42 pp) + Reynolds budget-update cover memo
S-20 American Magic public/charity pages + IRS & state-registry research (BMQRA, EIN 82-2576323)
S-29 Real Property Lease and Development Agreement at the Port of Pensacola — City of Pensacola ↔ Bella Mente Quantum Racing Association ("FINAL", 2024-02-19)
S-35 americanmagic.com news #219 — "American Magic Acquires Danish ROCKWOOL Racing SailGP Team in Landmark Deal" (.mhtml capture)
S-39 Corroboration set for the ROCKWOOL Racing SailGP acquisition (fetched 2026-08-09): americanmagic.com news #219 release + independent secondary coverage
S-41 Signed Grant Award Agreement, "Pensacola Airport MRO/Project #120," Triumph Gulf Coast, Inc. ↔ City of Pensacola (+ Exhibits A–D incl. the MRO Performance Agreement)
S-43 Term Sheet for Clawback Guaranty Agreement, Triumph Gulf Coast, Inc. ↔ VT Mobile Aerospace Engineering, Inc. — fully executed in counterparts
S-58 MRO Performance Agreement, Triumph Gulf Coast, Inc. ↔ VT Mobile Aerospace Engineering, Inc. — EXECUTED STANDALONE COPY (second source of the instrument also archived as S-41 Exhibit B)
S-89 GRANT AWARD AGREEMENT (City of Pensacola/American Magic Project #315) — FULLY EXECUTED; Effective Date October 2, 2023
S-91 USNI News — "Blue Water Autonomy, Saildrone Sue Navy Over MUSV Rejection" (Sam LaGrone, 2026-07-15)
S-98 Florida Department of State, Division of Corporations (Sunbiz) — "Detail by Entity Name": AMERICAN MAGIC SERVICES, INC, Foreign Profit Corporation, Document Number F24000006527 — as captured 2026-09-23
S-99 Florida Department of State — "Application by Foreign Corporation for Authorization to Transact Business in Florida": American Magic Services, Inc. (Delaware), filed 2024-12-26, Document Number F24000006527 (Sunbiz document image, 5 pp, incl. CT Corp transmittal and Delaware certificate of good standing dated 2024-12-20)
S-100 Florida Department of State — 2026 Foreign Profit Corporation Annual Report: AMERICAN MAGIC SERVICES, INC, Document F24000006527, filed 2026-01-26 (Sunbiz document image)
S-101 Churchill Companies — homepage (churchillcompanies.com), as captured 2026-09-23
S-102 Bella Mente Quantum Racing Association — IRS Form 990-PF (2024), tax year 2024-07-01 to 2025-06-30, EIN 82-2576323, e-filed 2026-02-12 (DLN 93491043002096), incl. Schedule B
S-103 Delaware Department of State, Division of Corporations — Entity Details: AMERICAN MAGIC SERVICES, INC., File Number 7684201 — as captured 2026-09-23 (free search page; paid status/history not retrieved)
S-106 First Amendment to Real Property Lease and Development Agreement at the Port of Pensacola between Bella Mente Quantum Racing Association and the City of Pensacola — "effective as of March ____, 2025" — published copy TENANT-EXECUTED ONLY
S-107 City of Pensacola — City Council Meeting Minutes, April 10, 2025, 5:30 PM, Council Chambers (regular meeting; CivicClerk event 736) — adopted April 24, 2025; incl. item 25-324 "Amendment to Lease Agreement with American Magic for Prepaid Rental Terms"
Continue
Port timeline How the record got here → This decision in date order, inside the whole record. Decisions ST Titan / Project Titan — the next decision by date → The record's largest executed grant — $66M inside a $210M airport campus — with a 1,325-job clawback whose clock has not started. ◈ Monitored Wanted documents → The public records that would close this record's open questions — anyone can request them.

Related decisions in the graph: American Magic (#315) (part of, verified) · all decisions → · Money · Questions · Evidence

Living Atlas — evidence-backed civic memory · Pensacola & Escambia County, FL Corrections welcome and logged · method & governance graph.json · sources.json · docket.json · llms.txt