Q: Hello, I have an approved proposal for a pool company that was signed in 2021.
Construction was set to begin a year or so later. Fast forward to now, construction is on Phase 2 , however, the company reached out and advise that prices has went up since we signed the contract and they now want to add an extra charge of 10k extra to our original price amount. Mind you we have a loan for the amount agreed upon on 2021. Our understanding was that this number was not going to change since we posed the question in our meeting and now they are trying to pull this on us. Can they do this? I have a copy of the approved proposal if needed. Thanks in advance.
A: That depends on the terms of your contract, which we cannot review in this online forum. You would need to take the contract to a lawyer to review.
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