diff --git a/libs/contract b/libs/contract
index fb7acedc1d..47c40afa16 160000
--- a/libs/contract
+++ b/libs/contract
@@ -1 +1 @@
-Subproject commit fb7acedc1d6857e48175ea85f3080e5534907861
+Subproject commit 47c40afa16cafa18f04211084daf43d46a64a070
diff --git a/status/explicit-failures-markup.xml b/status/explicit-failures-markup.xml
index 09bb5d2204..d17e1d8b7e 100644
--- a/status/explicit-failures-markup.xml
+++ b/status/explicit-failures-markup.xml
@@ -803,6 +803,29 @@
       </mark-unusable>
     </library>
 
+    <!-- contract -->
+    <library name="contract">
+        <mark-expected-failures>
+            <test name="*"/>
+            <toolset name="clang-gnu-linux-4.0~gnu++98"/>
+            <toolset name="clang-gnu-linux-4.0.1"/>
+            <toolset name="gcc-gnu-4.4*"/>
+            <toolset name="gcc-gnu-4.5*"/>
+            <toolset name="gcc-gnu-4.6*"/>
+            <toolset name="gcc-mngw-gnu-3*c+"/>
+            <toolset name="gcc-mngw-gnu-4.1c+"/>
+            <toolset name="gcc-mngw-gnu-4.2c+"/>
+            <toolset name="gcc-mngw-gnu-4.3c+"/>
+            <toolset name="gcc-mngw-gnu-4.4c+"/>
+            <toolset name="msvc-7*"/>
+            <toolset name="msvc-8*"/>
+            <toolset name="msvc-9*"/>
+            <note author="Lorenzo Caminiti">
+                Most tests require lambda function support (even if technically
+                the library itself does not require lambdas).
+            </note>
+        </mark-expected-failures>
+    </library>
 
        <!-- coroutine -->
     <library name="coroutine">