The phrase "a contract is required" is correct and usable in written English.
You can use it when stating that a formal agreement is necessary for a particular situation or transaction.
Example: "Before we can proceed with the project, please note that a contract is required to outline the terms and conditions."
Alternatives: "a contract is necessary" or "a contract must be provided".
Merrill Lynch, according to a contract, was required to manage Unilever's pension fund so that the portfolio outperformed a series of agreed benchmarks by one percentage point, but did not trail the benchmarks by more than three percentage points for any four consecutive quarters.
Because the purchaser of a futures contract is required to commit and maintain a cash deposit equal to exchange-imposed margin requirements as low as 10% (stock investments allow a maximum of 50% initial margin), volatile swings in the value of a futures account can occur in both directions quickly.
Designated agency is fairly confusing so a written contract is required by state law.
Against this background, a new social contract is required, enforced as we have argued elsewhere by a social process of licensing which enforces corporate responsibility according to local and sectoral circumstances.
Like the iPhone, a two year contract is required to buy the Instinct in the United States.
We then design coordination contracts for each case and find that an accept-all type of contract is required to coordinate the supply chain with random demand, which is a much more complicated situation than that with deterministic demand.
Selectiveness varies, but at the one I belong to, in New York, no big-league credentials or book contract is required, only "serious intent and a strong drive to write," though references are checked.
When I got home, I noticed that the contract stated, "No service contract or maintenance contract is required to purchase or obtain financing for a motor vehicle".
At least no two-year contract is required.
It is well established that a writing (deed) is necessary for the transfer of title to real estate; it is common for deeds to recite at least nominal consideration, but no preliminary contract is required for title to pass.
