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Commissioners table $953,000 Redwire change order that raises IUS project to $10.737 million

Floyd County Board of Commissioners · August 19, 2025
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Summary

Chief Operations Officer Nick Creevy presented a $953,000 change order for the IUS tenant space, increasing the project total to $10,737,000; the board voted to table the change order to allow more review time.

Chief Operations Officer Nick Creevy presented a $953,000 change order for the IUS tenant space, which raised the overall project cost to $10,737,000. Creevy said the second tenant space was not included in the original contract and that funding was earmarked from a bond and additional TIF revenues. Given the magnitude of the change, President Al Knable said the board needed more time to digest the request and the commissioners voted to table the item; the motion to table passed unanimously.

Tabling pauses any contract execution or payment related to the change order while staff and elected officials review funding and scope. The minutes note the planned funding sources (bond and TIF) but do not include a detailed funding schedule or revised project timeline in this meeting record.