OH SB340

Enacts section 153.81 of the Revised Code to establish standards for indemnity provisions in public improvement contracts involving contractors, subcontractors, and design professionals.

Authorizes public authorities to require indemnification and hold harmless provisions covering liabilities, damages, losses, costs, reasonable attorney fees, and court costs.

Limits indemnity obligations to claims caused by the negligence, recklessness, or intentional misconduct of the indemnifying party or their employees and agents.

Permits public authorities to require insurance coverage as part of indemnification requirements, including designating parties as additional or designated insureds.

Voids indemnity provisions that conflict with federal government contracts and excludes claims otherwise barred under section 2305.131 of the Revised Code.