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How to create a link between two entities

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We have two entities - Opportunites and Contracts, that we would like to have linked in a way that when a opportunity is closed as "won", a contract is created from the originating opportunity, and the new contract is populated with information from the closed opportunity. We have this link working in a similar way between the Leads and Opportunities entities (when a lead is qualified, a opportunity is created from the lead and select info from the lead populates the opportunity), but cant seem to get it to work the same way between Opportunities and Contracts.

It should flow as follows:

Lead ->Opportunity ->Contract ->Project

Thanks in advance, Chris


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