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Prompt Pay Act: Great Asset For Subs, Major Danger For General Contractors

USA - January 30 2017 Ohio's Prompt Pay Act provides significant rights for subcontractors: interest on amounts not properly paid within 10 days of receipt of payment by...


Ouch! Contractor’s Claim Rejected For Untimely Notice

USA - February 15 2016 Once again, a contractor has confronted the painful reality in Ohio that a failure to strictly follow the contractual notice of claims procedures...


Watch out for the economic loss rule

USA - April 7 2015 The economic loss rule plays an important role in the allocation of liability for damages incurred by parties on a construction project. Often, the...


Watch out for the economic loss rule

USA - March 17 2015 The economic loss rule plays an important role in the allocation of liability for damages incurred by parties on a construction project. Often, the...


Dot your I's and cross your T's on Ohio's Prompt Pay Act

USA - April 4 2014 Ohio's Prompt Pay Act has real teeth. If a higher-tier contractor is paid for work done by a lower tier and does not pay that lower tier within ten...