PUBLIC CONTRACTS: Provides limited exemptions from payment under contract requirements for public entities in certain circumstances (OR SEE FISC NOTE GF EX)

Summary

The bill revises Louisiana’s public‑contract payment rules, requiring agencies to pay stage and final invoices within 45 days or face interest and attorney‑fee penalties. It exempts agencies that are waiting for funding from another public source or the federal government until the money arrives, and pauses the deadlines during declared emergencies. The changes also give contractors a notification process and allow payment timelines to be extended by agreement.

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