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Exhibit E <br /> PART VII <br /> FLORIDA PROMPT PAYMENT ACT <br /> 218 . 70 Popular name . <br /> 218 . 71 Purpose and policy . <br /> 218 . 72 Definitions . <br /> 218 . 73 Timely payment for nonconstruction services . <br /> 218 . 735 Timely payment for purchases of construction services . <br /> 218 . 74 Procedures for calculation of payment due dates . <br /> 218 . 75 Mandatory interest. <br /> 218 . 76 Improper payment request or invoice ; resolution of disputes . <br /> 218 . 77 Payment by federal funds . <br /> 218 . 78 Report of interest. <br /> 218 . 79 Repeal of conflicting laws . <br /> 218 . 80 Public Bid Disclosure Act. <br /> 1218 . 70 Popular name . --This part may be cited as the "Local Government Prompt Payment Act. " <br /> History. --s . 4 , ch . 89-297 ; s . 1 , ch . 2005-230 . <br /> ' Note .--Section 16 , ch . 2005-230 , provides that " [n] either the amendments to sections 95 . 11 , 218 . 70 , <br /> 218 . 72 , 218 . 735 , and 255 . 071 , Florida Statutes , and subsection (2 ) of section 255 . 05 , Florida Statutes , as <br /> provided in this act , nor subsection ( 10) of section 255 . 05 , Florida Statutes , and section 255 . 078 , Florida <br /> Statutes , as created by this act, apply to any existing construction contract pending approval by a local <br /> governmental entity or public entity, or to any project advertised for bid by the local governmental entity or <br /> public entity, on or before October 1 , 2005 . " <br /> 218 . 71 Purpose and policy. -- <br /> 1 <br />