Get custom field date in WP_Query and show the post if the date is in the future. Using Advance Custom Fields.

page_template.php

<?php 
  $today = date('Ymd', strtotime('-1 day'));
  // WP_Query arguments
  $args = array (
      'post_type'              => 'construction_bids',
      'posts_per_page'         => -1,
      'meta_query'             => array(
          array(
              'key'       => 'bid_deadline',
              'value'     => $today,
              'compare'   => '>',
          ),
      ),
  );
  
  // the query
  $query = new WP_Query( $args ); ?>
  
  <?php if ( $query->have_posts() ) : ?>
  
    <!-- pagination here -->
  
    <!-- the loop -->
    <?php while ( $query->have_posts() ) : $query->the_post(); $date = DateTime::createFromFormat('Ymd', get_field('bid_deadline')); ?>
      <h2><a href="<? echo get_permalink(); ?>"><?php echo get_the_title(); ?></a></h2>
      <p><strong>Bid Deadline:</strong> 3:00 PM, <?php echo $date->format('F j Y'); ?></p>
      <h3>Summary:</h3>
      <?php echo the_field('summary'); ?>
    <?php endwhile; ?>
    <!-- end of the loop -->
  
    <!-- pagination here -->
  
    <?php wp_reset_postdata(); ?>
  
  <?php else:  ?>
    <p><?php _e( 'Sorry, no posts matched your criteria.' ); ?></p>
  <?php endif; ?>

Thanks a lot, saved me some time :)