Tender Risk Analyzer
Identify and classify the high risk clauses from 1000+ page tender documents and add custom made risk profiles.
20 Views
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
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
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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