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.
(..) ' How are you? ' Good. How are you? ' Good, good, good, good, good. ' Good to see you. At first I thought he was joking. Giving me more contracts to sign. But then I started reading. Wait, what is this? Well, as you know, we had some new investors that have come in. What is this? (..)2010 The Social Network