The company won a multi-million-dollar 'contract' to build a new courthouse. = The company was awarded a multi-million-dollar 'contract' to build a new courthouse.
The company 'contracted out' its manufacturing jobs. [=the company paid another company to do its manufacturing jobs instead of doing them itself]
If he breaks the 'contract' [=if he does not abide by the agreement], he will get sued.
(..) I'm doing great! You're everywhere! Radio, TV, the papers! You can't buy this kind of publicity! What do you need me for? That's just a figure of speech, by the way. You signed a contract. Where are you? I can't even find you on my GPS. I'm in this little town called Radiator Springs. (..)2006 Cars
(..) - You could see his dirty undercarriage. I hate rusty cars. This is not good for my image. They did give you your big break. Besides, it's in your contract. Oh, will you stop, please? Just go get hooked up. - Winter is a grand old time. - Of this there are no ifs or buts. But remember, (..)2006 Cars