Contract is already exist for this vendor

Hi,
My client requirement is that system should display the warning/error message (Contract is already exist for this vendor ) while creating the contract by using t-code Me31k.
Thanks and Regards
Rahul

How is the process in most companies regarding to contracts?
In companies I have been, a buyer monitors the contracts in his responsibility, if the are close to the end of their life cycle, either close to the end date of the agreement, or that the total quantity/ value is close to be reached soon.
The he talks with a sales man from the vendor, negotiate new prices and other conditions. And when they reached an agreement, this agreement is entered into SAP and send to the vendor as an official document for this negotiated agreement.
So the entry into SAP is the final step. And you want an error in this step if there is already an agreement?  I hope you will always have a still running agreement when you negotiate the next agreement that replaces the old agreement after its end is reached.
So instead of having an error message "contract already exists" you should issue a information message " good job, you negotiated a new contract at the right time"

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