FIXED PRICE CONTRACT
A fixed price contract between a provider and a client, ready to customize, send, and e-sign.
PREPARED FOR
Acme Co
PREPARED BY
Northwind Studio
DATE
August 18, 2026
FIXED PRICE CONTRACT
An agreement between Northwind Studio and Acme Co covering the delivery of the fixed-scope work described below at a fixed total price.
PREPARED FOR
Acme Co
PREPARED BY
Northwind Studio
DATE
August 18, 2026
Northwind Studio
FIXED PRICE CONTRACT
This agreement is entered into by Northwind Studio (the "Provider") and Acme Co (the "Client") for the engagement described below. It sets out the key terms, deliverables, fees, and acceptance required to move forward.
PRICING
Fixed
Total contract price fixed up front against a defined scope.
SCHEDULE
As agreed
Delivery schedule described in the scope and payment sections.
CHANGES
Written
Scope changes require a written change order before work begins.
The Client wishes to engage the Provider on the terms described in this contract. Both parties confirm they have the authority to enter this agreement and that it supersedes any prior verbal or written understanding on the same subject.
Northwind Studio
FIXED PRICE CONTRACT
The engagement runs across three phases. Each closes with a written deliverable and a review before the next begins.
PHASE 1 · PLAN
Kickoff meeting, review of the fixed scope, confirmation of assumptions, and mobilization of the Provider's team.
PHASE 2 · DELIVER
Execution of the fixed scope against the agreed schedule, with milestone reviews and written status updates.
PHASE 3 · CLOSE
Delivery of final work, acceptance testing against agreed criteria, and closeout with any warranty period noted.
Not included: any work outside the fixed scope, third-party costs, and expedited timelines requiring overtime. New scope can be added in writing at any time.
Northwind Studio
FIXED PRICE CONTRACT
The fees below cover the scope of work in the previous section. Payment terms are set out in the schedule that follows.
| Item | Rate | Qty | Amount |
|---|---|---|---|
| Mobilization and plan | $5,000 | 1 | $5,000 |
| Delivery of fixed scope | $40,000 | 1 | $40,000 |
| Acceptance and closeout | $5,000 | 1 | $5,000 |
| Total | $50,000 | ||
| Milestone | Share | Amount |
|---|---|---|
| On signature (mobilization) | 10% | $5,000 |
| At delivery milestone | 80% | $40,000 |
| On acceptance | 10% | $5,000 |
Scope changes are documented in writing as a change order before work begins. Time extensions and price adjustments, if any, are agreed in the same change order.
Northwind Studio
FIXED PRICE CONTRACT
To proceed, complete the fields below and sign. This agreement is valid for 30 days from the date on the cover.
TARGET START DATE
PRIMARY CLIENT CONTACT
CLIENT
Acme Co
PROVIDER
Northwind Studio
The Fixed Price Contract template is a five-page document for putting an engagement between the Provider and the Client on paper before work begins. It carries an overview with stat cards, a three-phase scope of work, a fee table with a computed total and payment schedule, and an acceptance page with inputs and signatures.
It is intentionally simple: rename what needs renaming in Bonsai, edit the scope and fees to match your engagement, and send. Merge fields handle the party details and date, and the last page collects the fields you need plus both signatures.
Everything below comes pre-configured. Turn sections on or off, edit the copy, or add your own — Bonsai remembers your choices for next time.
What happens if scope changes? Any change is documented in a written change order that captures the scope, price, and schedule impact before work continues.
Is the price truly fixed? Yes — the total price is fixed against the agreed scope. Only changes captured in a change order affect the price.
When are milestones invoiced? At the completion of each milestone in the payment schedule, with invoices due on net-15 terms.