'contract approval' is correct and usable in written English.
You can use it when referring to the formal acceptance of a contract by the parties involved. For example, "After months of negotiation, the contract was finally approved by both parties."
Karen W. Arenson (NYT) BUFFALO: SCHOOL CONTRACT APPROVAL -- The Buffalo Board of Education yesterday unanimously approved a five-year contract recommended by a state mediator, ending a strike by union teachers.
Last night's contract approval came at a price.
In 1988 and 1989, Mayor Koch circumvented the usual contract approval process by a budgetary maneuver that gave the Board of Estimate no voice in the matter.
Matters that require the board's attention include contract approval, student suspensions, disciplinary action against an employee and cases involving community school board members, he said.
The deal was struck in September without competitive bidding and it sidestepped anticorruption safeguards, including the approval of senior uniformed Iraqi Army officers and an Iraqi contract approval committee.
For example, if a departing employee says that the company requires too many signatures for contract approval, a skilled interviewer will ask him or her to recommend a solution but won't talk about possible company responses.
No more contract approvals.
Santa Monica-Malibu launched its probe after The Times revealed last month that Leon-Vazquez caserieseries of votes spanning several years that included hundreds of thousands of dollars in contract approvals with her husband's clients, the financial advisory firm Keygent, LLC and TELACU Construction Management.
Street food has proliferated on city streets, but deployment in the parks has been slowed because applicants must wend their way through the city's cumbersome contract-approval process requiring background checks and verification of the vendors' financial resources.
Since taking office in 2003, Mr. Richardson has been dogged by accusations that big contributors to his campaign received favors from the state — patronage jobs, infrastructure projects, contracts, approvals from state boards.
The contract requires approval by the city and the Department of Housing and Urban Development.
