This is a question when to go for multiple asset loci or creat single workorder and multiple task for location and other assets... MULTIASSETLOCCI is a table in Maximo that helps you connect work orders to multiple assets or locations. Example usage  Suppose I need to change oil of various machines I can list all all these assets in a single workorder 
Maximo contracts help business manage and store contracts. Following are Maximo contract types :- 1. Lease contract  2. Master contract  3. Purchase contract  4. Labor rate contract  5. Warranty contract