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Spencer County approves amendment setting $7,500-per-day liquidated damages for Elder Construction
Summary
County officials approved an amendment to their contract with Elder Construction that sets liquidated damages for failure to complete work at $7,500 per day. The motion was seconded and passed by voice vote; the transcript does not record a roll-call.
During a brief Spencer County meeting (the specific governing body is not named in the transcript), the chair moved to approve an amendment to the county's agreement with Elder Construction that would set liquidated damages for failure to complete work at $7,500 per day. The chair stated the terms: "the liquidated damages for failure to complete work would be $7,500 per day." The motion was seconded (referred to as Jim in the transcript) and the chair called for an affirmative voice vote; the chair announced the motion passed after an "Aye" response.
The transcript contains no further detail about the scope of the contract, the project timeline, or whether the county staff provided supporting analysis. The amendment text, project identifiers, and any fiscal or legal reviews are not included in the recorded segments; those details were not specified in the transcript.
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