Lump Sum Construction Contract
Updated 17 October 2025
This document is a lump sum construction contract template designed for an agreement between a company and a contractor. It outlines the terms for a specific construction project, including the lump sum payment, project deadlines, scope, cost breakdown, and stipulations for changes and penalties.
Lump Sum 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:
Having accepted the Contractor’s bid, outlined the scope and design of the Project, and viewed preliminary blueprints and drawings, the Company agrees to pay the Contractor [amount of money] in a lump sum by [date 1] for completion of the project, according to the following stipulations:
The Contractor will complete the Project no later than [date 2].
The Contractor has provided comprehensive risk assessment, soil conditions, and studies concerning preliminary construction.
The Project will include/incorporate the following elements and restrictions:
Requested
Requested
Requested
Restriction
Restriction
Restriction
Cost breakdown roughly addresses the following:
Labor: [amount]
Materials: [amount 1]
Permits/fees: [amount 2]
Overhead and profit margin: [amount 3]
Should changes be requested by the Contractor, the Company retains the right to refuse. Should the Company accept, costs will be split [ratio] and deadline extensions will be [stipulation].
Should changes be requested by the Company, the Contractor [does/doesn’t] retain the right to refuse. Should the Contractor accept, costs will be split [ratio 1] and deadline extensions will be [stipulation 1].
The Contractor will receive an additional [amount of money 1] as a bonus for completing the project more than [number] days early.
The Contractor will be fined [amount of money 2] if the project is late by more than [number 1] days unless an agreement has been made between the parties to extend the project.
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[company] |
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[contractor] |
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About this template
What is this template?
Lump Sum Construction Contract is a free, ready-to-use Construction 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 Construction 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 Construction 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.