diff --git a/docs/admin/install.md b/docs/admin/install.md
index 944f398b..73a8f6c1 100644
--- a/docs/admin/install.md
+++ b/docs/admin/install.md
@@ -77,3 +77,4 @@ The plugin behavior can be controlled with the following list of settings.
 | enable_backup | True | True | A boolean to represent whether or not to run backup configurations within the plugin. |
 | platform_slug_map | {"cisco_wlc": "cisco_aireos"} | None | A dictionary in which the key is the platform slug and the value is what netutils uses in any "network_os" parameter. |
 | per_feature_bar_width | 0.15 | 0.15 | The width of the table bar within the overview report |
+| contract_types | ["Software Maintenance", "Software License"] | None | A list of contract types to append to the existing Hardware and Software types. |
diff --git a/nautobot_device_lifecycle_mgmt/forms.py b/nautobot_device_lifecycle_mgmt/forms.py
index c9d0410d..51126e7d 100644
--- a/nautobot_device_lifecycle_mgmt/forms.py
+++ b/nautobot_device_lifecycle_mgmt/forms.py
@@ -39,6 +39,7 @@
     ValidatedSoftwareLCM,
     VulnerabilityLCM,
 )
+from nautobot_device_lifecycle_mgmt.utils import add_custom_contract_types
 
 logger = logging.getLogger("nautobot_device_lifecycle_mgmt")
 
@@ -632,7 +633,9 @@ class ContractLCMForm(NautobotModelForm):
         to_field_name="pk",
         required=True,
     )
-    contract_type = forms.ChoiceField(choices=add_blank_choice(ContractTypeChoices.CHOICES), label="Contract Type")
+    contract_type = forms.ChoiceField(
+        choices=add_blank_choice(add_custom_contract_types(ContractTypeChoices.CHOICES)), label="Contract Type"
+    )
     currency = forms.ChoiceField(required=False, choices=add_blank_choice(CurrencyChoices.CHOICES))
     tags = DynamicModelMultipleChoiceField(queryset=Tag.objects.all(), required=False)
     devices = DynamicModelMultipleChoiceField(queryset=Device.objects.all(), required=False)
diff --git a/nautobot_device_lifecycle_mgmt/utils.py b/nautobot_device_lifecycle_mgmt/utils.py
index d6dbc4a9..2bf207d9 100644
--- a/nautobot_device_lifecycle_mgmt/utils.py
+++ b/nautobot_device_lifecycle_mgmt/utils.py
@@ -1,10 +1,23 @@
 """Utility functions and classes used by the plugin."""
+from django.conf import settings
 from django.db.models import Count, OuterRef, Subquery
 from django.db.models.functions import Coalesce
 
+PLUGIN_SETTINGS = settings.PLUGINS_CONFIG["nautobot_device_lifecycle_mgmt"]
+
 
 def count_related_m2m(model, field):
     """Return a Subquery suitable for annotating a m2m field count."""
     subquery = Subquery(model.objects.filter(**{"pk": OuterRef("pk")}).order_by().annotate(c=Count(field)).values("c"))
 
     return Coalesce(subquery, 0)
+
+
+def add_custom_contract_types(choices):
+    """Add custom defined choices to existing Contract Type choices.
+
+    Args:
+        choices (tuple): Existing Device Lifecycle Contract Type tuple.
+    """
+    defined_contract_types = PLUGIN_SETTINGS.get("contract_types", [])
+    return tuple((type.upper(), type) for type in defined_contract_types) + tuple(choices)