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'contract execution phase' is correct and usable in written English.
It is typically used to refer to the period of time in which a legally binding contract is enacted or put into action. For example: "We have reached the contract execution phase, so all parties are individually responsible for fulfilling their obligations in the agreement."
Exact(1)
We present a deterministic and a stochastic mechanism design model, the latter accounting for uncertainties associated with customer actions, engine performance, and maintenance costs during the contract execution phase.
Similar(59)
The first, second, and fourth execution phases each contain multiple tasks to execute whereas the third and fifth execution phase each only have one task to execute.
Afterwards, the execution phase processes each executable statement sequentially.
However, in the execution phase, some users may choose not to execute their options contracts.
We propose adding a third period between the previous Reservation and Execution phase, whereby the provider confirms all contracts only if it is to her benefit.
In the reservation phase, users may choose to purchase an options contract for a virtual machine by paying a premium prior to execution phase.
Enron itself now provides the market's liquidity, and the firm's good name ensures certainty of contract execution.
A senior US official briefing reporters the day after the strike said that Khorasan was "nearing the execution phase" for an attack "in Europe or the homeland".
"This is the execution phase of the strategy and the board is looking for someone who will vigorously execute that strategy," a spokesman said.
It can facilitate contract negotiation, simplify contract terms, implement contract execution, and verify contract fulfillment state.
Each handover consists of three phases, which are preparation phase, execution phase, and completion phase [25].
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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