You can use the Duplicate feature to create a new contract, in the Draft status, from any existing contract. The exiting contract can be in any status. The new contract must go through the same approval process as any new contract created from scratch.
Use the following steps to create a new contract using the Duplicate feature:
Open the existing contract you want to use. For more information, see Searching for Contracts.
Select the Duplicate action.
Click Go. The system displays the Duplicate page. For more information about this page see the Creating Contracts section.
The Contract Administrator for the new contract is not copied and is set to the current user. The Organization of the new contract will be the same as the old contract and cannot be changed.
Make the necessary changes to the new contract. For more information, see the Updating Contract section.