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Building Agreement between the Owners and The Contractor on Fee Plus Cost of Labour and Materials is a free, ready-to-use Contract law template you can open, customize, and download on GitLaw. It gives you a professionally structured starting point, so you never have to draft from a blank page. The wording is plain and modern, organized into clear sections that are easy to read, edit, and adapt to your own situation before you share or sign it.
Reach for this Contract law template whenever you need a reliable agreement quickly and want to be sure the essentials are covered. It suits individuals, freelancers, startups, and established businesses alike. Instead of paying for a document drafted from scratch, you can start here, tailor the details to your arrangement, and have a polished draft ready in minutes. This version is drafted with India in mind, though you should always review the final wording against the laws that apply to you.
A well-drafted Contract law usually sets out the parties involved, the scope of the agreement, and each side's rights and responsibilities. Expect sections covering key terms and definitions, how long the agreement lasts, how it can be ended, and what happens if something goes wrong. This template brings those building blocks together in a sensible order, so you can focus on the specifics rather than worrying about what to include. Open it to read the full document, then sign up to edit, negotiate, and e-sign it directly in GitLaw.
Updated 10 July 2026
A building construction contract on a fee-plus-cost basis, under which a contractor constructs a house on the owner's plot according to an architect's sanctioned plans in India, being reimbursed the cost of labour and materials plus a fee. It covers the standard and manner of construction to the architect's satisfaction, commencement and completion with liquidated damages for delay (capped at 2%), stage-wise payments certified by the architect with 5% retention money and a 12-month defects-liability period, free access to site, the contractor's indemnity for injury and damage, the owner's extensive rights on the contractor's default or abandonment (termination, taking over materials and plant, and completion by others, with the architect's final certification of accounts), appointment of a site engineer, inspection and rectification of defects, and dispute resolution by arbitration.