I just got engaged a little more than a week ago and we are already looking into booking a venue for June 22 of 2023. The package is an all inclusive (ceremony, reception, cake cutting, toast, prepaid bar, chairs, tables, linens, centerpiece etc). The contract our venue sent us doesn't have a price attached to it. It states there is no food and beverage minimum, no ceremony fee and that the purchaser is responsible for any change in pricing for entrees that the vendor passes on to the venue. When asking the sales manager about this pricing she told us the package pricing is determined based on the 2023 package options which won't be revealed until August.
From researching this it seems like most people lock in prices with their contract but it is common for venues to leave it open to a 5-10% increase. Would I be crazy to sign a contract that doesn't limit how much they can increase package pricing?
They also didn't list any of the current package details such as chairs, tables and what is included from the package in the contract. I should have all this listed on the contract right?
TLDR: my contract doesn't list any of the provisions from the package option we selected except a date, number of guests, no food and beverage minimum, no ceremony fee. Should I make them include everything from the package in the contract and is it unwise to leave the price subject to change?
Sincerely, Zach