diff --git a/contrib/teamcity/build-configurations.json b/contrib/teamcity/build-configurations.json
--- a/contrib/teamcity/build-configurations.json
+++ b/contrib/teamcity/build-configurations.json
@@ -1,100 +1,104 @@
 {
-    "build-asan": {
-        "script": "builds/build-asan.sh",
-        "timeout": 1800
-    },
-    "build-autotools": {
-        "script": "builds/build-autotools.sh",
-        "timeout": 1200
-    },
-    "build-bench": {
-        "script": "builds/build-bench.sh",
-        "timeout": 1200
-    },
-    "build-clang-10": {
-        "script": "builds/build-clang-10.sh",
-        "timeout": 1200
-    },
-    "build-clang-tidy": {
-        "script": "builds/build-clang-tidy.sh",
-        "timeout": 600
-    },
-    "build-coverage": {
-        "script": "builds/build-coverage.sh",
-        "timeout": 3600
-    },
-    "build-diff": {
-        "script": "builds/build-diff.sh",
-        "timeout": 1200
-    },
-    "build-ibd": {
-        "script": "builds/build-ibd.sh",
-        "timeout": 14400
-    },
-    "build-ibd-no-assumevalid-checkpoint": {
-        "script": "builds/build-ibd-no-assumevalid-checkpoint.sh",
-        "timeout": 21600
-    },
-    "build-linux64": {
-        "script": "builds/build-linux64.sh",
-        "timeout": 1200
-    },
-    "build-linux-aarch64": {
-        "script": "builds/build-linux-aarch64.sh",
-        "timeout": 1800,
-        "environment": {
-            "QEMU_LD_PREFIX": "/usr/aarch64-linux-gnu"
-        }
-    },
-    "build-linux-arm": {
-        "script": "builds/build-linux-arm.sh",
-        "timeout": 1800,
-        "environment": {
-            "QEMU_LD_PREFIX": "/usr/arm-linux-gnueabihf"
+    "templates": {
+    },
+    "builds": {
+        "build-asan": {
+            "script": "builds/build-asan.sh",
+            "timeout": 1800
+        },
+        "build-autotools": {
+            "script": "builds/build-autotools.sh",
+            "timeout": 1200
+        },
+        "build-bench": {
+            "script": "builds/build-bench.sh",
+            "timeout": 1200
+        },
+        "build-clang-10": {
+            "script": "builds/build-clang-10.sh",
+            "timeout": 1200
+        },
+        "build-clang-tidy": {
+            "script": "builds/build-clang-tidy.sh",
+            "timeout": 600
+        },
+        "build-coverage": {
+            "script": "builds/build-coverage.sh",
+            "timeout": 3600
+        },
+        "build-diff": {
+            "script": "builds/build-diff.sh",
+            "timeout": 1200
+        },
+        "build-ibd": {
+            "script": "builds/build-ibd.sh",
+            "timeout": 14400
+        },
+        "build-ibd-no-assumevalid-checkpoint": {
+            "script": "builds/build-ibd-no-assumevalid-checkpoint.sh",
+            "timeout": 21600
+        },
+        "build-linux64": {
+            "script": "builds/build-linux64.sh",
+            "timeout": 1200
+        },
+        "build-linux-aarch64": {
+            "script": "builds/build-linux-aarch64.sh",
+            "timeout": 1800,
+            "environment": {
+                "QEMU_LD_PREFIX": "/usr/aarch64-linux-gnu"
+            }
+        },
+        "build-linux-arm": {
+            "script": "builds/build-linux-arm.sh",
+            "timeout": 1800,
+            "environment": {
+                "QEMU_LD_PREFIX": "/usr/arm-linux-gnueabihf"
+            }
+        },
+        "build-make-generator": {
+            "script": "builds/build-make-generator.sh",
+            "timeout": 1200
+        },
+        "build-master": {
+            "script": "builds/build-master.sh",
+            "timeout": 4800
+        },
+        "build-osx": {
+            "script": "builds/build-osx.sh",
+            "timeout": 600
+        },
+        "build-secp256k1": {
+            "script": "builds/build-secp256k1.sh",
+            "timeout": 900
+        },
+        "build-tsan": {
+            "script": "builds/build-tsan.sh",
+            "timeout": 1800
+        },
+        "build-ubsan": {
+            "script": "builds/build-ubsan.sh",
+            "timeout": 1800
+        },
+        "build-win64": {
+            "script": "builds/build-win64.sh",
+            "timeout": 1200
+        },
+        "build-without-cli": {
+            "script": "builds/build-without-cli.sh",
+            "timeout": 1200
+        },
+        "build-without-wallet": {
+            "script": "builds/build-without-wallet.sh",
+            "timeout": 1200
+        },
+        "build-without-zmq": {
+            "script": "builds/build-without-zmq.sh",
+            "timeout": 1800
+        },
+        "check-seeds": {
+            "script": "builds/check-seeds.sh",
+            "timeout": 600
         }
-    },
-    "build-make-generator": {
-        "script": "builds/build-make-generator.sh",
-        "timeout": 1200
-    },
-    "build-master": {
-        "script": "builds/build-master.sh",
-        "timeout": 4800
-    },
-    "build-osx": {
-        "script": "builds/build-osx.sh",
-        "timeout": 600
-    },
-    "build-secp256k1": {
-        "script": "builds/build-secp256k1.sh",
-        "timeout": 900
-    },
-    "build-tsan": {
-        "script": "builds/build-tsan.sh",
-        "timeout": 1800
-    },
-    "build-ubsan": {
-        "script": "builds/build-ubsan.sh",
-        "timeout": 1800
-    },
-    "build-win64": {
-        "script": "builds/build-win64.sh",
-        "timeout": 1200
-    },
-    "build-without-cli": {
-        "script": "builds/build-without-cli.sh",
-        "timeout": 1200
-    },
-    "build-without-wallet": {
-        "script": "builds/build-without-wallet.sh",
-        "timeout": 1200
-    },
-    "build-without-zmq": {
-        "script": "builds/build-without-zmq.sh",
-        "timeout": 1800
-    },
-    "check-seeds": {
-        "script": "builds/check-seeds.sh",
-        "timeout": 600
     }
 }
diff --git a/contrib/teamcity/build-configurations.py b/contrib/teamcity/build-configurations.py
--- a/contrib/teamcity/build-configurations.py
+++ b/contrib/teamcity/build-configurations.py
@@ -4,6 +4,7 @@
 # file COPYING or http://www.opensource.org/licenses/mit-license.php.
 
 import argparse
+from deepmerge import always_merger
 import json
 import os
 from pathlib import Path, PurePath
@@ -57,8 +58,17 @@
     with open(config_path, encoding="utf-8") as f:
         config = json.load(f)
 
+    # The configuration root should contain a mandatory element "builds", and it
+    # should not be empty.
+    if not config.get("builds", None):
+        raise AssertionError(
+            "Invalid configuration file {}: the \"builds\" element is missing or empty".format(
+                str(config_path)
+            )
+        )
+
     # Check the target build has an entry in the configuration file
-    build = config.get(args.build, None)
+    build = config["builds"].get(args.build, None)
     if not build:
         raise AssertionError(
             "{} is not a valid build identifier. Valid identifiers are {}".format(
@@ -66,6 +76,25 @@
             )
         )
 
+    # Get a list of the templates, if any
+    templates = config.get("templates", {})
+
+    # If the build references a template, merge the configurations
+    template_name = build.get("template", None)
+    if template_name:
+        # Raise an error if the template does not exist
+        if template_name not in templates:
+            raise AssertionError(
+                "Build {} configuration inherits from template {}, but the template does not exist.".format(
+                    args.build,
+                    template_name
+                )
+            )
+
+        # The template exists, apply the build configuration on top of the
+        # template
+        build = always_merger.merge(templates.get(template_name, {}), build)
+
     # Make sure there is a script file associated with the build...
     script = build.get("script", None)
     if script is None:
diff --git a/contrib/teamcity/setup-debian-buster.sh b/contrib/teamcity/setup-debian-buster.sh
--- a/contrib/teamcity/setup-debian-buster.sh
+++ b/contrib/teamcity/setup-debian-buster.sh
@@ -118,3 +118,5 @@
 
 # Python library for interacting with teamcity
 pip3 install teamcity-messages
+# Python library for merging nested structures
+pip3 install deepmerge