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.
(..) - That's what they told me. - Mom and Dad are stress out. - They are stress out. - Arguing. - What're we going to do. I've got a great idea. Did you even read the contract? Anderson makes her move. She's closing in. Hey. Oh no, you're not. - She's running for the shot. (..)2015 Inside Out