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.
(..) attorney, Samuel Sutherland. I think the two of you have got something to talk about. Oh, we met this morning. I signed the termination contract for Baer-Grant. I accepted your settlement, Nicholas. You were right. I'm going sailing. You know, sailing. You're welcome to join our lunch. (..)1997 The Game