I've thought about this, too, but never done anything about it. The usual reason for contact printing is that most lenses absorb UV, so the enlarging lens would normally pass such small amounts of UV as to make the developing out time far too long.
Lenses intended for UV are made of quartz or flourite, are very expensive and very rare.
With LEDs you can get quite a lot of UV, I suppose, without all the heat and high voltage of the old bulbs or the ungainliness of long UV fluorescents. As the other APUGer says, though, think about the safety of your eyes.
If you use a conventional lens, then the simpler the lens, the more UV it will pass. A very simple triplet may be a much better bet than a top quality 5 or 6 element job, but only expect to pass a few percent of the light from your LEDs.
So, would very bright LEDs + simple but very fast triplet = a working system?
I've no idea, but I'd be interested to know if you can make it work.