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Home/Templates/Hiring agreements & offer letters/Independent contractor agreement (fixed price)
Signable template

Independent contractor agreement (fixed price)

A fixed-price contractor agreement for project-based work covering deliverables, milestones, acceptance, and a payment schedule. Use it when the engagement is a defined project rather than ongoing hours.

  • Made forEmployers
  • Reading time~3 min
  • What's includedFillable fields, signature blocks, and e-signature delivery through Diiirect.
Use this templateSign in or create a free account to customize and send for e-signature.

The template

This agreement engages an independent contractor to deliver a defined project for a fixed price. It describes the deliverables and milestones, how the client reviews and accepts work, when payments are due, and how changes to scope are handled.

1. Parties and project

Client company name (the "Client") engages Contractor full name (the "Contractor") to complete the project called Project name, described as: Project description.

2. Deliverables and milestones

  1. The Contractor will deliver the work according to this milestone schedule: Milestone schedule summary.
  2. Final delivery is due by Delivery deadline, unless the parties agree to a new date in writing.
  3. If a delay is caused by the Client — for example, late feedback, missing materials, or changed direction — the schedule extends by a corresponding period.
  4. The Client will provide the information, materials, and approvals the Contractor reasonably needs, and will name one contact authorized to give feedback and approvals so decisions stay clear.

3. Fixed fee and payment schedule

  1. The total fixed fee for the project is Total fixed fee and currency.
  2. The fee is payable according to this schedule: Payment schedule summary.
  3. Undisputed amounts are payable within Payment terms in days days of invoice. The fixed fee covers the described scope only; approved changes are billed separately under clause 5.

4. Acceptance

  1. The Client will review each delivered milestone within Acceptance review period in days days and either accept it or provide specific written corrections.
  2. The Contractor will fix items that fall within the agreed scope at no extra charge and resubmit the milestone for review.
  3. A milestone that is not rejected with specific reasons within the review period is considered accepted.
  4. Acceptance of the final milestone confirms the project is complete; minor cosmetic issues reported afterward are corrected in good faith but do not reopen acceptance.

5. Changes to scope

Either party may propose a change in writing. Work on a change begins only after both parties agree in writing on its impact on the fee and the schedule. Small clarifications that do not materially change the effort are handled within the existing scope.

6. Independent contractor status

  1. The Contractor is an independent contractor, not an employee, partner, or agent of the Client, and is responsible for their own taxes, insurance, and statutory contributions.
  2. The Contractor controls how the work is performed and may work for other clients, provided that work does not conflict with this agreement.

7. Intellectual property

  1. Upon full payment, all project deliverables are assigned to the Client.
  2. The Contractor retains ownership of pre-existing materials and general-purpose tools, and grants the Client a non-exclusive, perpetual license to any that are embedded in the deliverables.
  3. The Contractor confirms the deliverables will be original work or properly licensed, and will not knowingly include material that infringes third-party rights.

8. Confidentiality

Each party will keep the other's non-public information confidential, use it only for this project, and return or delete it when the project ends. Confidential information does not include information that is already public or already lawfully known to the receiving party without restriction. This obligation survives the agreement.

9. Term and termination

  1. This agreement runs until the project is accepted and paid, or until it is terminated.
  2. Either party may terminate for a material breach that is not cured within a reasonable period after written notice.
  3. The Client may end the project early for convenience; in that case it pays for milestones already accepted plus a fair proportion of work in progress, and the Contractor hands over that work.

10. General

This agreement is the entire understanding between the parties on its subject, replaces prior discussions, and may be changed only in a writing signed by both parties. Neither party may transfer it without the other's written consent, except as part of a sale of its business, and notices are given in writing to the contact details each party provides. If one provision is found unenforceable, the rest remain in effect.

Signatures

Contractor: ✍ Contractor signature Date: Contractor signature date

For the Client: ✍ Client signature Date: Client signature date

Highlighted fields are filled in when you customize and send this document on Diiirect.

Jurisdiction note

Worker-classification rules and the tests that separate contractors from employees vary by jurisdiction, with tax and labor-law consequences for getting it wrong. Have local counsel confirm contractor status where the work is performed.

Not legal advice

This template is provided for general informational purposes only and is not legal advice. Laws differ by jurisdiction and change over time — have a qualified professional review any document before you rely on it.

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