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.
(..) We've done that. If you want to give away the best gladiators in the whole of the empire, I want double the rates. You'll get your contract rates, or you'll get your contract cancelled. You don't like it? Then you can crawl back down that shithole that you came from. (..)2000 Gladiator