diff --git a/Cargo.lock b/Cargo.lock
index 3b3e5b24beb641a8f68c3b920c71956d1447bb51..d9ce4fe3f8ac16c20a4ba924e2690c1075bb442e 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -508,6 +508,7 @@ dependencies = [
  "log",
  "parity-scale-codec 2.0.1",
  "parity-wasm 0.42.2",
+ "platforms",
  "pretty_assertions",
  "pwasm-utils",
  "regex",
@@ -517,6 +518,7 @@ dependencies = [
  "serde_json",
  "sp-core",
  "structopt",
+ "substrate-build-script-utils",
  "substrate-subxt",
  "tempfile",
  "toml",
@@ -2262,6 +2264,12 @@ version = "0.1.0"
 source = "registry+https://github.com/rust-lang/crates.io-index"
 checksum = "8b870d8c151b6f2fb93e84a13146138f05d02ed11c7e7c54f8826aaaf7c9f184"
 
+[[package]]
+name = "platforms"
+version = "1.1.0"
+source = "registry+https://github.com/rust-lang/crates.io-index"
+checksum = "989d43012e2ca1c4a02507c67282691a0a3207f9dc67cec596b43fe925b3d325"
+
 [[package]]
 name = "polling"
 version = "2.0.2"
@@ -3474,6 +3482,15 @@ dependencies = [
  "zeroize",
 ]
 
+[[package]]
+name = "substrate-build-script-utils"
+version = "3.0.0"
+source = "registry+https://github.com/rust-lang/crates.io-index"
+checksum = "bd540ba72520174c2c73ce96bf507eeba3cc8a481f58be92525b69110e1fa645"
+dependencies = [
+ "platforms",
+]
+
 [[package]]
 name = "substrate-subxt"
 version = "0.14.0"
diff --git a/Cargo.toml b/Cargo.toml
index 7e936e0622a697baa66723a0c5146d02a311e9e8..b3bfd1d64ecec0bdcf9448b6dde664697ebc5bd7 100644
--- a/Cargo.toml
+++ b/Cargo.toml
@@ -58,6 +58,8 @@ funty = "=1.1.0"
 anyhow = "1.0.40"
 zip = { version = "0.5.11", default-features = false }
 walkdir = "2.3.2"
+substrate-build-script-utils = "3.0.0"
+platforms = "1.1"
 
 [dev-dependencies]
 assert_matches = "1.5.0"
diff --git a/build.rs b/build.rs
index 232f09765497c2d04e227360f9f7404c7548064e..dc79aa3f4c229610682acb84e38d62c14b24d4b7 100644
--- a/build.rs
+++ b/build.rs
@@ -15,18 +15,23 @@
 // along with cargo-contract.  If not, see <http://www.gnu.org/licenses/>.
 
 use std::{
+    borrow::Cow,
     env,
     ffi::OsStr,
     fs::File,
     io::{prelude::*, Write},
     iter::Iterator,
     path::{Path, PathBuf},
+    process::Command,
 };
 
 use anyhow::Result;
 use walkdir::WalkDir;
 use zip::{write::FileOptions, CompressionMethod, ZipWriter};
 
+use platforms::{TARGET_ARCH, TARGET_ENV, TARGET_OS};
+use substrate_build_script_utils::rerun_if_git_head_changed;
+
 const DEFAULT_UNIX_PERMISSIONS: u32 = 0o755;
 
 fn main() {
@@ -46,6 +51,9 @@ fn main() {
         dst_file.display()
     );
 
+    generate_cargo_keys();
+    rerun_if_git_head_changed();
+
     std::process::exit(
         match zip_dir(&template_dir, &dst_file, CompressionMethod::Stored) {
             Ok(_) => {
@@ -109,3 +117,54 @@ fn zip_dir(src_dir: &Path, dst_file: &Path, method: CompressionMethod) -> Result
 
     Ok(())
 }
+
+/// Generate the `cargo:` key output
+fn generate_cargo_keys() {
+    let output = Command::new("git")
+        .args(&["rev-parse", "--short", "HEAD"])
+        .output();
+
+    let commit = match output {
+        Ok(o) if o.status.success() => {
+            let sha = String::from_utf8_lossy(&o.stdout).trim().to_owned();
+            Cow::from(sha)
+        }
+        Ok(o) => {
+            println!("cargo:warning=Git command failed with status: {}", o.status);
+            Cow::from("unknown")
+        }
+        Err(err) => {
+            println!("cargo:warning=Failed to execute git command: {}", err);
+            Cow::from("unknown")
+        }
+    };
+
+    println!(
+        "cargo:rustc-env=CARGO_CONTRACT_CLI_IMPL_VERSION={}",
+        get_version(&commit)
+    )
+}
+
+fn get_version(impl_commit: &str) -> String {
+    let commit_dash = if impl_commit.is_empty() { "" } else { "-" };
+
+    format!(
+        "{}{}{}-{}",
+        std::env::var("CARGO_PKG_VERSION").unwrap_or_default(),
+        commit_dash,
+        impl_commit,
+        get_platform(),
+    )
+}
+
+fn get_platform() -> String {
+    let env_dash = if TARGET_ENV.is_some() { "-" } else { "" };
+
+    format!(
+        "{}-{}{}{}",
+        TARGET_ARCH.as_str(),
+        TARGET_OS.as_str(),
+        env_dash,
+        TARGET_ENV.map(|x| x.as_str()).unwrap_or(""),
+    )
+}
diff --git a/src/main.rs b/src/main.rs
index eeb90240f4e00fa59b1689b00196deec7f1d9013..3ce2b55d6b7d9ca02ffa007dcd6046b2863afb69 100644
--- a/src/main.rs
+++ b/src/main.rs
@@ -41,9 +41,11 @@ use structopt::{clap, StructOpt};
 
 #[derive(Debug, StructOpt)]
 #[structopt(bin_name = "cargo")]
+#[structopt(version = env!("CARGO_CONTRACT_CLI_IMPL_VERSION"))]
 pub(crate) enum Opts {
     /// Utilities to develop Wasm smart contracts.
     #[structopt(name = "contract")]
+    #[structopt(version = env!("CARGO_CONTRACT_CLI_IMPL_VERSION"))]
     #[structopt(setting = clap::AppSettings::UnifiedHelpMessage)]
     #[structopt(setting = clap::AppSettings::DeriveDisplayOrder)]
     #[structopt(setting = clap::AppSettings::DontCollapseArgsInUsage)]