Cost Plus Construction Contract
Updated 17 October 2025
This template outlines a Cost Plus Construction Contract, detailing the agreement between a Company and a Contractor for a specific project. It covers the project timeline, scope, and the financial arrangement where the Company reimburses direct production costs and pays a fixed amount or percentage for indirect costs and profit. The contract also addresses documentation requirements and payment for requested changes.
Cost Plus Construction Contract
This agreement is made on [date] between [name of company], hereafter “Company,” and [name of contractor], hereafter “Contractor,” regarding the [project name] (hereafter “Project”) construction project:
The Project will begin on [date 1]. The Contractor will complete the Project no later than [date 2].
The Project will include/incorporate the following elements and restrictions:
[requested]
[requested 1]
[requested 2]
[restriction]
[restriction 1]
[restriction 2]
The Company will reimburse the Contractor for all direct production costs (including labor, materials, studies, risk assessments, drawings, taxes, fees) and [amount] indirect costs (including: overhead, [other]).
The Company will also pay [percentage or flat fee] to the Contractor upon completion of the Project.
The Company [will/will not] pay for changes requested by the Contractor.
The Contractor will furnish careful documentation of all direct and indirect costs. If the Contractor cannot furnish documentation, the Company may dispute the cost.
The Contractor agrees to be detailed, openly communicative, professional, and trustworthy in the construction of this project.
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[company] |
| [date 3] |
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[contractor] |
| [date 4] |
About this template
What is this template?
Cost Plus Construction Contract is a free, ready-to-use Commercial 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.
When should you use it?
Reach for this Commercial 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. Always review the final wording against the laws that apply where you live or do business.
What's typically included?
A well-drafted Commercial 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.