Tender Risk Analyzer

Identify and classify the high risk clauses from 1000+ page tender documents and add custom made risk profiles.

20 Reviews

Overview

This solution will enable the Risk Analysis experts to upload document intrinsic tender documents to Botminds marketplace and see the risky clauses automatically tagged and classified based on the configured risk profile. With AI as the backbone , subjectivity is negated.

Tender Risk Analyzer

Tender Risk Analyzer
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Output

Solicitation No

W9126G18R0022

Liquidity Damages

If the Government terminates the Contractor's right to proceed, liquidated damages will continue to accrue until the work is completed. These liquidated damages are in addition to excess costs of repurchase under the Termination clause. (End of clause)

Amount per Day

$2,842.94

Commencement of Work

within one (1) calendar days

Complete Work

not later than 890 days

Final Cleanup

include final cleanup

Damage Liability

1) Comprehensive general liability insurance for bodily injury in the minimum limits of $500,000 per occurrence. No property damage liability is required.

(2) Comprehensive automobile liability insurance covering the operation of all automobiles used in expand_less

Bid Price

20 percent

Bid Validity

10 days after receipt

Result

8x
Efficiency

with Tender Analyst effort spent only on AI review the overall efficiency has improved

5x
Faster processing

With an AI packed complete automation solution, there were considerable improvement in the bidding process

95%
On time bidding

With all possible risky clauses picked by the system, bidding happens on time

3X
more bidding

With AI automation doing the heavy lifting,Tender Analyst can do more bidding

Challenges

Time-boggling tedious process

Fear of missing censorious clauses

Human-centric process leads to underbidding or late bidding

No cross-learning across units

Cross-verify with various regulatory standards and product dictionaries

Benefits

Remove Risk Analyst subjectivity

Build tailor-made risk profile for your business needs

Experts effort restricted to review

Continual learning with each AI review

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See Botminds Unified platform in action

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