Ohio’s Prompt Payment Act – remedies for late payments to subcontractors.

As a construction law firm in Cincinnati, an important legal tool that comes up often is Ohio’s prompt pay law, more formally called the Prompt Payment Act (O.R.C. 4113.61). The Prompt Payment Act sets certain time requirements for when payments must be made on Ohio construction projects. The Prompt Payment Act requires general contractors to pay subcontractors within 10 calendar days…