Different TUs can be compiled with different settings for the contract behavior. But can they be binary compatible? In general, no. If a function is declared in-line in a header, the comoiler may have generated two different versions with different contract behaviors, which violates ODR.
What happens if the contract check calls a helper function that throws an exception?
The whole things is really, really complex and I don't assume that I understand it properly. But I can see that there are some valid concerns against the feature as standardized and that makes me side with the opposition here: this was not baked enough yet
It sounds like it should solve your problem. At first it seems to work. Then you keep on finding the footguns after it is too late to change the design.
Contracts as they are today won't solve every problem. However they can expand over time to solve more problems. (or at least that is the hope, time will tell - there is already a lot of discussion on what the others should be)
In Rust these types of proposals are common, in C++ less so. The incredibly tedious release process encourages everyone to put in just as much complexity as they can safely get away with.