"Award contract" is a commonly used phrase in the business world. However, there are various other terms that can be used interchangeably with this phrase. Some of the synonyms for "award contract" include "grant contract," "confer contract," "bestow contract," and "assign contract." These synonyms can be used in the same context as "award contract," emphasizing the same meaning while providing a degree of variation. It is essential to note that these synonyms are often used in official correspondence and legal documents to ensure clarity and precision in communication. It is essential to use synonyms appropriately to prevent ambiguity and misinterpretations.