With regard to construction contracts, what can be inferred by the term 'reasonable time'?

There is no hard and fast rule regarding reasonable time, this period will vary from contract to contract and based on the individual circumstances within each case. What can be said for certain is that when the term is included in a contract there is always the risk of a court ruling that certain work has not been completed in a ‘reasonable time’, and thus contractors should be aware of this eventuality.