Metro area

Building Construction contracts in the Panama City, FL area

Also called: Panama City-Panama City Beach, FL

Numbers cover FY2021–FY2025 (Oct 2020 – Sep 2025). Data as of Oct 21, 2026; complete through Jul 13, 2026. Data status

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Typical award (median)

$488,063

The middle of 220 priced awards, FY2021–FY2025. Half were between $126k and $1.7M.

Typical number of bids

5

Median bids per award, reported for 80 of 80 competed awards. 6% drew only one bid.

Won by small businesses

90%

Share of the 220 priced awards.

Median = the middle award: half were smaller, half were larger. Bids = how many offers the agency received.

What this means

  • The middle building construction award in the Panama City, FL area was $488k (FY2021-FY2025, 220 priced awards).
  • That is 79% higher than the median for building construction in Florida ($273k).
  • Competed awards drew a median of 5 offers (reported for 80 of 80).
  • 6% of competed awards drew only one offer.
  • In FY2025 the middle award was $375k, about the same as in FY2024.
  • Tip 56% of these awards were task orders under single-award contracts (IDIQs). Only the company holding that contract could get them, so watch for the umbrella contract to be re-bid.
  • Tip 78% of awards with a reported set-aside were reserved for small businesses, so small firms were not bidding against large companies.

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Awards per year

Column chart of awards per fiscal year, FY2016 to FY2026. FY2025, the latest full year: 22 awards. Most in one year: 92 awards in FY2020. FY2026 is still being reported. 0 20 40 60 80 100 2016 ’16 2017 ’17 2018 ’18 2019 ’19 92 2020 ’20 2021 ’21 2022 ’22 2023 ’23 2024 ’24 22 2025 ’25 2026 ’26
  • FY2025, the latest full year: 22 awards
  • FY2026 is still being reported
Federal fiscal years run October to September.
Show the numbers
YearAwardsMedian award
FY2016 56 $156,060
FY2017 60 $82,757
FY2018 43 $136,966
FY2019 62 $1,591,352
FY2020 92 $364,900
FY2021 66 $528,644
FY2022 61 $774,984
FY2023 41 $288,450
FY2024 30 $362,799
FY2025 22 $375,231
FY2026 (provisional) 5 $529,411

Award sizes

Bar chart of priced awards FY2021–FY2025 by size. The most common size was $25k to $250k (81 awards). The median award, $488,063, is in the $250k to $1M band. Under $25k 3 $25k to $250k 81 $250k to $1M 62 $1M to $5M 39 $5M to $25M 16 Over $25M 19
  • Holds the median award, $488,063
Priced awards FY2021–FY2025, by value at award.

Recent awards

The latest 25 awards, newest first. Each contract number opens its official record on USAspending.gov.

Project How it was awarded
Jun 11, 2026 B550 Install Clean Room HVAC, Naval Support Activity, Panama City, Florida N6945026F0327 on USAspending (opens in a new tab) Offers from IDIQ Ceteris, Inc. $161,572 1 from the IDIQ Order (single-award IDIQ) 8(a)
May 6, 2026 DBB Maritime Mining Facility N6945026F0212 on USAspending (opens in a new tab) Core Engineering & Construction, Inc. $4,863,951 6 Order (multiple-award IDIQ) Small business
Mar 27, 2026 Fire Pit Repair FA481926C0005 on USAspending (opens in a new tab) Covington Contracting, Inc. $529,411 1 Competed Small business
Dec 18, 2025 Ground Air Transmit Receive Antenna and Infrastructure FA481926C0001 on USAspending (opens in a new tab) Vanguard Pacific LLC $2,500,000 1 Not competed 8(a)
Dec 5, 2025 Various Utility Repair N6945026F0062 on USAspending (opens in a new tab) Offers from IDIQ Ceteris, Inc. $352,660 1 from the IDIQ Order (single-award IDIQ) 8(a)
Sep 30, 2025 Demolition and Replacement of Existing Roofing FA481925C0024 on USAspending (opens in a new tab) David Taylor Construction, Inc. $183,053 1 Not competed 8(a)
Sep 30, 2025 To#18 B316 Fiber Optic Line Installation N6133125F1007 on USAspending (opens in a new tab) Offers from IDIQ Ceteris, Inc. $121,146 1 from the IDIQ Order (single-award IDIQ) Open to all
Sep 29, 2025 B1117 and B1120 Renovation Project, Tyndall AFB, FL W9127825FA237 on USAspending (opens in a new tab) Unusually large BL Harbert International LLC $51,637,187 2 Order (multiple-award IDIQ) Open to all
Sep 19, 2025 Fitness Center Sauna Refurbish FA481925C0021 on USAspending (opens in a new tab) KSC Federal Contractors LLC $74,623 4 Competed Small business
Sep 17, 2025 Replacement and Roof Repair FA481925F0074 on USAspending (opens in a new tab) Offers from IDIQ Copper River Infrastructure Services LLC $283,713 1 from the IDIQ Order (single-award IDIQ) 8(a)
Sep 17, 2025 Replacement and Repair of the Roof for Building 9708. FA481925F0075 on USAspending (opens in a new tab) Offers from IDIQ Copper River Infrastructure Services LLC $101,269 1 from the IDIQ Order (single-award IDIQ) 8(a)
Sep 15, 2025 Panama City Site Office Facility Improvements W9127825CA010 on USAspending (opens in a new tab) Arrowhead Contracting, Inc. $168,512 1 Not competed 8(a)
Sep 12, 2025 Renovation to Support Drug Demand Reduction FA481925C0020 on USAspending (opens in a new tab) Shore Management Solutions LLC $1,108,245 3 Competed Woman-owned
Sep 9, 2025 Project Titan (Site Prep) N6133125F1006 on USAspending (opens in a new tab) Offers from IDIQ Ceteris, Inc. $530,565 1 from the IDIQ Order (single-award IDIQ) Open to all
Aug 28, 2025 Design-Build (DB) B351 Pool Shade Cover, NSA Panama City, FL. N6945025C1039 on USAspending (opens in a new tab) Ceteris, Inc. $865,061 1 Not competed 8(a)
Aug 20, 2025 B126 Replace Transformer N6945025F1226 on USAspending (opens in a new tab) Offers from IDIQ Ceteris, Inc. $25,570 1 from the IDIQ Order (single-award IDIQ) 8(a)
Aug 13, 2025 B583 High Bay Renovations N6133125F1005 on USAspending (opens in a new tab) Offers from IDIQ Ceteris, Inc. $402,720 1 from the IDIQ Order (single-award IDIQ) Open to all
Aug 12, 2025 Replace Roof, 325TH Medical Group Logistics Warehouse Building 1471, Tyndall AFB, FL W9127825FA116 on USAspending (opens in a new tab) Spectrum Solutions Inc $641,112 3 Order (multiple-award IDIQ) Open to all
Jun 20, 2025 Design-Bid-Build (DBB) B98 Interior and Exterior Renovations, NSA Panama City, FL. N6945025C1002 on USAspending (opens in a new tab) Coho Construction Management LLC $347,741 1 Not competed 8(a)
Apr 30, 2025 358 and 146 Wharf Restoration NSA Panama City, FL N6945025F0281 on USAspending (opens in a new tab) Unusually large Southeastern Industrial Barlovento JV-2, LLC $31,888,312 2 Order (multiple-award IDIQ) Small business
Apr 24, 2025 Tyndall Area Office Repairs General Repair and Construction. W9127825F0109 on USAspending (opens in a new tab) Offers from IDIQ Southeastern Industrial Construction, LLC $225,378 1 from the IDIQ Order (single-award IDIQ) 8(a)
Feb 25, 2025 Repair and Upgrade Fuels Facilities at Tyndall AFB, FL FA890325F0110 on USAspending (opens in a new tab) CMS Corporation $5,135,061 2 Order (multiple-award IDIQ) Open to all
Jan 17, 2025 8 Entity for General Construction to Expand Mezzanine and Wire Partition N6133125P0019 on USAspending (opens in a new tab) Individual contractor (name withheld) $205,621 1 Not competed 8(a)
Oct 29, 2024 To#14 B470 Kitchenette Renovation N6133125F1001 on USAspending (opens in a new tab) Offers from IDIQ Ceteris, Inc. $37,355 1 from the IDIQ Order (single-award IDIQ) Open to all
Oct 25, 2024 Extend NCO Beach Boardwalk FA481925C0001 on USAspending (opens in a new tab) Covington Contracting, Inc. $710,479 1 Competed HUBZone

Value at award = the contract value when it was signed. Bids = offers received; "–" means not reported. Set-aside = reserved for a group, such as small or veteran-owned businesses. IDIQ = an umbrella contract; work under it is placed as task orders.

Who won

Companies with the most priced awards here, FY2021–FY2025.

#CompanyAwardsTotal value at award
1 Copper River Infrastructure Services LLC 52 $19,297,854
2 Ceteris, Inc. 35 $13,209,186
3 BL Harbert International LLC 12 $899,561,729
4 Mia General Contracting LLC 10 $3,702,345
5 Folsom, LLC 9 $3,454,451
6 Reasor Building Group LLC 7 $9,095,998
7 Southern Aire Contracting, Inc. 6 $1,353,943
8 Polu Kai Services LLC 5 $6,287,214
9 Emr, Inc. 4 $79,956,100
10 Onopa Services LLC 4 $7,475,468

How the work was bought

Competition

Was the work open to bids?

  • Order (single-award IDIQ) 123 (56%)

    A task order under an IDIQ held by one company. No new competition, so it is left out of bid statistics.

  • Order (multiple-award IDIQ) 43 (20%)

    A task order placed under an IDIQ held by several companies, who competed for it.

  • Competed 37 (17%)

    A standalone contract that was open to bids.

  • Not competed 17 (8%)

    Sole-source: only one company was asked.

Set-asides

Set-aside = reserved for a group of businesses.

  • 8(a) 111 (50%)

    Reserved for firms in SBA's 8(a) program for disadvantaged small businesses.

  • Open to all 49 (22%)

    No set-aside: any size of business could bid.

  • Small business 46 (21%)

    Only small businesses could bid.

  • Veteran-owned 6 (3%)

    Reserved for service-disabled veteran-owned (SDVOSB) or veteran-owned (VOSB) small businesses.

  • HUBZone 6 (3%)

    Reserved for small businesses in a Historically Underutilized Business Zone.

  • Woman-owned 2 (1%)

    Reserved for woman-owned small businesses (WOSB/EDWOSB).

Left out of the numbers above: 1 equipment purchase, 5 cancelled or $0 awards. Why?

Umbrella contracts used here

Many jobs are placed as task orders under an IDIQ: an umbrella contract with no fixed amount. Only the companies holding it can get those orders. A "multiple-award" IDIQ is shared by several companies, who compete for each order. "–" = not reported.

Contract Type Orders Ordering ends
FA481920D0006 Single-award The IDIQ drew 1 offers 52 Oct 21, 2025
N6133122D0006 Single-award The IDIQ drew 1 offers 18 Dec 31, 2026
N6945021D0017 Single-award The IDIQ drew 1 offers 10 Sep 30, 2024
N6945020D0013 Single-award The IDIQ drew 1 offers 9 Mar 26, 2023
N6945020D0050 Single-award The IDIQ drew 1 offers 6 Jun 30, 2023

Contracts ending soon

Recurring work whose current contract ends within 18 months, so the agency will likely buy it again (a "recompete"). The company doing it today is the incumbent.

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