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features
design
support

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Description

Streamlining adherence to contractual commitments while integrating all decision-makers safeguards significant CAPEX investments, enhances performance, and boosts profitability throughout the asset lifecycle. AVEVA Contract Risk Management is tailored to address the specific demands of Prime Contractors and Owner Operators engaged in the execution of industrial capital projects. This solution facilitates superior decision-making, safeguards financial investments, aligns teams, and increases the profitability of crucial capital investments. Given that capital projects are often fraught with risks, the comprehensive features of Contract Risk Management—including best-practice protocols, claims management, and a proactive alert system—promote heightened efficiency and total project transparency, ensuring constant reassurance. Moreover, users can initiate change requests through preapproved templates, while customizable workflows streamline the routing of these requests to the appropriate parties for assessment and approval. Effectively recognizing the implications of unforeseen changes allows for adequate evaluation time, ultimately contributing to more informed and strategic project management decisions. This proactive approach not only mitigates risks but also fosters a culture of accountability among all stakeholders.

Description

Contriqo, developed by Perfomir, is an innovative platform that leverages AI technology for the evaluation of contracts and the assessment of contractual risks, specifically tailored for teams involved in construction and infrastructure projects. This solution assists various stakeholders, including commercial, project, contract, legal, risk management, and executive teams, in meticulously reviewing contract documents to identify risks at the clause level, comprehend notice obligations, and uncover potential pathways for claims before they become problematic during project execution. Contriqo offers capabilities for both pre-award contract assessments and ongoing risk management during the delivery phase. Users can seamlessly upload contracts, obtain organized insights about risks, assess key obligations, track contractual happenings, and utilize executive dashboards that emphasize high-priority risks, themes of commercial exposure, and critical issues that need addressing. The platform is especially beneficial for professionals such as construction contractors, infrastructure asset owners, consultants, project directors, commercial managers, contract managers, and teams focused on legal and risk management, making it an essential tool in their operational arsenal. By integrating this technology into their workflows, organizations can enhance their decision-making processes and ultimately improve project outcomes.

API Access

Has API No 

API Access

Has API No 

Screenshots View All

Screenshots View All

No images available

Integrations

AVEVA Enterprise Resource Management Yes 
AVEVA Unified Project Execution Yes 

Integrations

AVEVA Enterprise Resource Management No 
AVEVA Unified Project Execution No 

Pricing Details

No price information available.
Free Trial No 
Free Version No 

Pricing Details

$1,490/year
Free Trial No 
Free Version Yes 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows No 
Mac No 
Linux No 
Chromebook No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows No 
Mac No 
Linux No 
Chromebook No 

Customer Support

Business Hours Yes 
Live Rep (24/7) Yes 
Online Support Yes 

Customer Support

Business Hours No 
Live Rep (24/7) No 
Online Support Yes 

Types of Training

Training Docs Yes 
Webinars Yes 
Live Training (Online) Yes 
In Person Yes 

Types of Training

Training Docs Yes 
Webinars No 
Live Training (Online) No 
In Person No 

Vendor Details

Company Name

AVEVA

Founded

1967

Country

United Kingdom

Website

www.aveva.com/en/products/contract-risk-management/

Vendor Details

Company Name

Perfomir

Founded

2024

Country

Australia

Website

perfomir.com.au

Product Features

Contract Management

Buy Side (Suppliers) Yes 
Completion Tracking Yes 
Compliance Tracking No 
Contract Lifecycle Management Yes 
Electronic Signature No 
Full Text Search Yes 
Government Contracts Yes 
Pre-built Templates Yes 
Sell Side (Customers) No 
Specialty Contracts Yes 
Version Control Yes 
Workflow Management Yes 

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