Contractors, especially those who are good at what they do, are kept very busy. On the average , a good contractor will provide between5 to 10 proposals per week. The sales cycle for construction contracts average out to be 1 to 3 months. When do these contract proposals expire? Can a homeowner force a contractor to execute a contract 3 months after it was written?
The Virginia State regulation for construction contracts requires that an expiration date should be written in every proposal. The expiration date for the contract should be a reasonable amount of time. The contract proposal will expire on the date stated in the written proposal. If an expiration date is not included in a written contract, the State allows for a "reasonable time" for its validity. The word reasonable time is very flexible and it can mean different things to different people. Common sense is that a contract proposal should generally be valid for 30 days. Beyond that it should be re-written.
Good luck.
Murat Aksu
01/15/2007
www.a1ateam.com
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