A user needs to amend a contract and change prices to reflect new discounts for...

 Requirement:

Amend an active contract and adjust prices for subscriptions and assets based on new discounts.

 Solution:

Use the Amend Contract process.

Adjust prices for subscriptions or assets directly by modifying the Net Price or Price field.

Use the Refresh Prices button to apply changes to the amended contract.

 Why Other Options are Incorrect:

A: Cloning Quote Lines is unnecessary and inefficient for contract amendments.

B: Changing the contract status to Draft is not supported in standard CPQ.

D: Creating a new Price Book is not required for this use case.

 Salesforce CPQ Reference:

The Amendments Process is extensively documented in CPQ Subscription Management ​.