Starting July 1, 2007: New Procedures to enable prompt payment to general contractors, subcontractors, and material suppliers. Act 291, SLH 2006, the Prompt Payment Act, went into effect July 1 , 2007 for contracts that are executed on or after July 1, 2007. The act enables prompt payment for government work of general contractors, subcontractors, … Continue reading Construction Prompt Payment Requirement