You can delete a contract provided that the contract is not in use.
To delete an existing contract:
1.Open Organization Management from the Desktop.
2.Select the Contracts tab.
The Contracts|Search page appears.
3.Search for and select the contract that you want to modify.
The Contracts|Basic page appears.
4.Select 'Delete' from the 'More Options' menu (⋮).
A window prompts you to confirm the deletion of the contract.
5.Click 'OK'.
A window confirms that the contract was deleted.
6.Click 'OK'.