HPMCE Dock Complex
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.
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.
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.
The award
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.
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).
Open questions
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.
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.
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
From data/graph.json — every edge carries its epistemic status and source citations.
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