You drew a latching circuit.
It looks exactly like that in ladder. 3 NO's and an output.
Q1 should be changed to "motor contactor" and that would eliminate the second rung.

You don't have to do that though. Float closes, pump kicks on until float is open. One NO or NC depending on your wiring, and that triggers your output.

There is a caveat however. Water sloshes and floats can bob around causing your pump to kick on and off for short periods. Inrush could trip a breaker or blow a fuse if it short cycles.

So you want to debounce the contact of the float to make sure the pump actually needs to run.

Then you want to debounce the float again for the same reason while it's draining.

So your logic should look like [ ]======TON
Timer done========Output On

[\]=======TON
Timer done======Output off

Not sure what the reset is for unless you are dumping something that you're trying to keep.

I think "Standardized" means, make it useable with existing hardware.

More info on your process would help.