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.
(..) You will too, you'll see. I never took anyone in the helicopter. Never had sex in my own bed. Never slept with anyone. Ever. Only you. This is the contract. Read it carefully. Email me if you have any questions. I told you, my computer's down. Just consider it okay? I really hope you say yes. (..)2015 Fifty Shades of Grey
(..) This is the only sort of relationship I have. - Why? - Its the way I am. When you said negotiate, what did you mean? I already have the contract prepared. Fairly detailed. You would review, and negotiate what you are and not willing to try. How can I know what I'd be willing to try? (..)2015 Fifty Shades of Grey