The OMA joined forces with the Ohio Hospital Association (OHA) this week to express concerns with House Bill 380 (Jon Cross, R-Kenton, Bride Rose Sweeney, D-Cleveland). The legislation imposes restrictions on construction contracts most notably dictating 30-day prompt payment terms.
“OHA and OMA believe private entities should be free to negotiate contractual terms without government interference. This legislation erodes the ability of our members to negotiate freely and runs counter to free market and “freedom of contract” principles. All commercial construction contracts agreed to by our members are negotiated by sophisticated parties, including the payment and interest terms.” Read the letter. 5/21/2020