July 4, 2024 Keith Gallop Construction Construction Deadline Approaching: Two-Year-Old Contracts Must Adapt to New Act July 4, 2024 Keith Gallop Construction Any construction contracts entered into prior to August 29, 2022 that are scheduled to remain in effect for longer than two years after August 29, 2022, must be amended to comply with the new Prompt Payment and Construction Lien Act.