IACCM Contract Management Forum

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2018-02-13 14:22:53

Default Contractual acceptance of a proposal

Is it standard practice to have a default in a contract that a proposal shall be deemed by the Parties to have been accepted if no acceptance or rejection is provided within an agreed timescale?
 •  IACCM  •   2018-02-13 15:46:25
Although there could be particular exceptions (according to special circumstances and depending on jurisdictions and/or on industries), the general rule is that an offer is an expression of willingness to contract on specified terms, made with the intention that it is to be binding ONCE ACCEPTED by the person to whom it is addressed. Then, the general rule is that there must be an objective manifestation of intent by the offeror to be bound by the offer if accepted by the other party. It will be interesting to see if in this forum we can get other responses regarding the chance of this default contractual provision.
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