Ohio Court Permits Subcontratcor “Default Insurance” Instead of a Surety Bond

In State ex rel. American Subcontractors Ass’n, Inc. v. Ohio State University, 940 N.E. 2d 984 (Ohio 2011), the Ohio Supreme Court heard arguments on a pilot program – instituted pursuant to House Bill 318 – to test whether alternate methods of procuring public construction projects would increase efficiency and lower costs. In the case […]