FL S1056

Revises definitions in the Local Government Prompt Payment Act to clarify that "proper invoice" and "payment request" requirements must be included in construction contracts.

Requires local governmental entities to identify in construction contracts the specific agent, employee, facility, or office where contractors must submit payment requests or invoices.

Establishes that payment requests or invoices are deemed accepted if not rejected within 2 business days after an overdue notice is sent by the contractor.

Requires construction contracts to specify a date for delivery of a completion list (not to exceed 5 days after development) and extends contract deadlines by the number of days the entity fails to timely provide the list.

Adds that local governmental entities waive payment objections if they fail to commence dispute resolution procedures within 2 business days after receiving notice from a contractor of the failure to timely commence, with mandatory interest accruing from the original due date.