Workflow for Work Contract Approval

Hello everybody,
I need a Workflow for 2 level of approval of work contract.
Whenever a user make a work contract it requires approval upto two level.If Authority1 approves the contract it will go for the 2nd level approval to authority 2.If Authority2 reject that then it will come back to the creater to change it or withdraw the contract.If authority2 approve that then the work contract will be finally approved and complete the workflow else it will return back again to the creater.
   Can some one tell me whether any standard workflow is available in SAP for Work Contract approval? Which BOR Object will be useful If I have to made custom development?

Business Object:BUS2014
Workflow Templat:20000079
Thanks
Arghadip

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