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Contract Obligation Monitoring

Model Overview​

Model Name​

  • Name: ft:gpt-4o-2024-08-06:airia:contractual-obligation-monitoring-2024-10-08:AG3zPdYz
  • Version: 1.0
  • Date of Release: 2024-10-08

Description​

  • Summary: Airia's Contract Obligation Monitoring 4o model generates a comprehensive list of upcoming contractual obligations (e.g., renewal dates, payment deadlines) from user provided contracts and it recommends actions to ensure compliance.

  • Architecture: gpt-4o-2024-08-06 fine-tuned.

  • Recommended Temperature: 0.1

Intended Use​

Use Cases​

  • Primary Use Cases:
    • Generate lists of upcoming contractual obligations
    • Identify critical deadlines and assesses their urgency
    • Better organization to ensure compliance when handling multiple contracts
  • Non-intended Use Cases: This model should not be used for providing final legal advice or in highly sensitive legal contexts without oversight by a human legal professional.

Target Audience​

  • Users: Legal teams, contract managers, compliance officers, and risk management teams responsible for monitoring, tracking, and ensuring adherence to contractual obligations across various timelines.

Sample interaction​

  • Sample User Input:

    • Can you review these contracts and generate a list of upcoming obligations like renewal dates or deadlines, along with recommendations for compliance? [CONTRACT 1, 2, 3, etc]
    • Please review these contracts, highlight upcoming obligations, such as renewal and payment deadlines, and suggest ways to stay compliant. [CONTRACT 1, 2, 3, etc]

  • Sample Assistant Output:

    # OBLIGATION MONITORING REPORT
    ## 1. Chronological List of Upcoming Contractual Obligations
    ### Multi-Party Service Agreement
    1. 2023-07-15: 30% of total payment due to each party 
    2. 2023-07-15: CompanyA and CompanyB to provide integration information
    [...]

    ### Commercial Real Estate Lease Agreement
    1. 2023-07-31: Tenant to submit improvement plans to Landlord
    2. 2023-09-01: Lease commencement date
    [...]

    ## 2. Detailed Obligation Information
    | Date | Obligation | Contract | Clause | Parties | Action |
    |------|------------|----------|--------|---------|--------|
    | 2023-07-15 | 30% payment | Multi-Party | 3.2.a |  CompanyA to CompanyB | Pay 30% of total amount |
    | 2023-07-15 | Integration info | Multi-Party | 2.1.b | GLP, EcoSmart to TechInnovate | Provide integration information |
    | 2023-07-31 | Improvement plans | Lease | 5.1 | TechHub to Skyline | Submit improvement plans |
    | 2023-09-01 | Lease commencement | Lease | 2.1 | TechHub, Skyline | Commence lease |

    [...]

    ## 3. Recommended Actions
    1. Set up a centralized calendar system to track all deadlines and obligations.
    2. Assign responsible parties for each obligation within your organization.
    [...]

    ## 4. Potential Risks and Conflicts
    1. **Tight timeline for Platform development**: The 120-day development period for CompanyA may be challenging. Monitor progress closely and communicate any potential delays early.
    2. **Interdependencies**: Many obligations depend on the completion of previous tasks. Delays in one area could impact the entire project timeline.

          [...]

Maintenance and Updates​

Version History​

Version NumberRelease DateNew FeaturesBug FixesPerformance Improvements
1.02024-10-08Initial releaseN/AN/A

Release Notes​

Version Changes​

  • v1.0 (Release Date: 2024-10-08)
    • Initial release.

Contact Information​

Author(s) / Developers​

  • Name(s): AIRIA LLC

Contact​

License​

  • License Type: Airia Model License