Construction Contractor Agreement with Late Completion Penalty

Are you hiring a contractor to do construction or renovation work to your property? Keep the project on schedule with this Construction Contractor Agreement with Late Completion Penalty.

  • The contractor agrees to substantially complete the work by a specified completion date agreed to by both parties.
  • If the contractor fails to complete the work by the completion date, the contractor will pay a penalty for each day / week that the work remains unfinished.
  • Alternatively, if the work is completed ahead of schedule, the contractor will be paid a bonus.
  • This is a generic (not country specific) legal contract form.
  • This is an editable MS Word template which can be easily customized to fit your needs.
Document Type: Microsoft Word
Last Updated: 07-May-2025
SKU: 5194
$9.99
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Prepare a Contract Change Order for changes under a construction or renovation contract with this easy-to-use template form.

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  • The contractor is responsible for carrying adequate liability insurance for the duration of the project.
  • This is a fully editable and reusable contract template intended for use only in Canada.
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Hire a project manager for a large development project with this fixed price Construction Project Management Agreement for Canadian developments.

  • The project manager will manage and coordinate activities among the various contractors hired on the construction project.
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  • The manager must review all contractor safety programs.
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  • Materials. The contractor agrees to provide all required materials, labor, tools, equipment and supervision.
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