Hi Jon Birnbaum,
Not sure if the Update contract status job is failiing due to this:
There is one contract with status "On Hold" and has a Cancellation date as "16/12/2010".
So in the logs, i can see that this error:
"The state is invalid, this contract cannot be cancelled."
Will try to update the contract and see if the job still fails.
But Many Thanks again.