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The phrase "a contracting agreement" is correct and usable in written English.
It can be used when referring to a formal agreement between parties that outlines the terms and conditions of a contract.
Example: "Before we proceed with the project, we need to finalize a contracting agreement that details our responsibilities and deliverables."
Alternatives: "a contract agreement" or "a contractual agreement".
Exact(1)
In January 2012, Mr. Hall signed a contracting agreement with Mr. Henrikson, and Blackstone moved into his garage.
Similar(59)
He angered workers with whom he had once hoped to reach a contract agreement.
CARDINALS SIGN TOP PICK Arizona reached a contract agreement with the first-round draft pick Jonathan Cooper.
If a contract agreement is reached, the Fighters will receive the posting fee.
The league said its market is governed by a contract agreement with a union representing players.
But if a contract agreement is not reached within 30 days, Darvish must go back to his Japanese club.
The winning bid will be paid only if the team that submitted it reaches a contract agreement with Darvish.
The Red Sox have a contract agreement with the free-agent outfielder Shane Victorino and have reportedly explored trading Ellsbury.
The teachers union in Gary approved a contract agreement, ending a strike that has kept 16,000 students out of class.
In the end, baseball players and owners did the smart thing, reaching a contract agreement without a strike.
The auto union represents workers there, but this was achieved through a contract agreement, not an organizing drive.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com