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About responsibility under consturction contract
If material is purchased after the contract scheduled time, and the price goes up since the initial cost estimate, WHO's picking up the difference of cost?
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It depends really, you aren't giving us a whole lot to go on here. If all you have between the two parties is an estimate, well, thats not really binding so to speak. An estimate is a ballpark figure, it isn't a promise, or a contract. Then it would come down to fairly representing yourself if it were to get to court, and proving you weren't jacking up your bill with imaginary cost hikes. With just an estimate, as long as you can prove it was on the up and up, things should be ok.
If there is a contract however (verbal or otherwise) and you are the contracter, an increase in your costs cannot be 'added' into the standing contract w/o the other parties consent, unless there was some agreement already in place within the contract to reflect costs like this.
I'm assuming that when you say "Contract scheduled time" that you do have an actual contract, and if your contract spells out the original price to the customer, you will probably be bound by that.
I am not even sure that the time component (as it sounds like the job wasn't finished on time?) would affect whether or not you could amend an agreed upon price.
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Typically, the contractor.
They have been paid a specific amount to do the job. An amount they quoted the client as the job costing. If that quote wasn't an accurate assessment of what the job would cost, the contractor must swallow it.
Although I’m curious why materials purchased after the contract is closed… It’s odd and maybe there is some allowance in the contract for this. I really am not sure of all the finer points.
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It should be the person who was late to get the material
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