According to Help files inside Contracts, there are two types of Contracts:  Active Contracts and Standard Contracts

"Standard contracts are used as a basis (or template) for setting up future customer (active) contracts that contain similar or identical information and contract items. When you set up a new contract, use the Standard type only when you are creating a template for future Active contracts. See the following definitions:

Active: This is a customer contract.
Standard: This is a template contract used as a basis for setting up future active contracts."

You can base an Active Contract on a Standard Contract (the template or pattern) which would eliminate some of the tedious work.  See:  https://us-kb.sage.com/portal/app/portlets/results/viewsolution.jsp?solutionid=222924450019256&page=1&position=5&q=standard%20contracts