Contract Agent

Inspiration

• Until 2050, more than 50k TWh of renewable energy capacity is expected to come online globally to fuel the green energy transition
• Renewables developers work with a complex set of stakeholders to to ensure assets are built and operated safely, efficiently, and profitably
• However, contracts between these stakeholders can be complex and intransparent. Different parties can have conflicting interests which need to be negotiated to ensure successful project launch in time.
• We were inspired to solve this challenge to help bring more projects online faster and save renewables developers time that they can spend on more value-adding acitivites.

What it does

ContractAI is a modern web application that provides intelligent analysis and insights for legal contracts, with a focus on renewable energy agreements. The platform uses AI to identify potential risks, compare clauses against industry standards, and suggest improvements.

Features

• Smart Contract Analysis: Automated analysis of contract clauses with risk scoring
• Industry Standard Comparison: Compare contract terms against industry benchmarks
• AI-Powered Insights: Get detailed explanations and recommendations for improvements
• Interactive UI: Modern, user-friendly interface with real-time updates
• ⁠Bankability Scoring: Evaluate contract reliability and financial viability
• ⁠Multi-Contract Support: Handles various contract types including:
  • Engineering, Procurement and Construction (EPC) Agreements
  • Power Purchase Agreements (PPA)
  • Operations & Maintenance Agreements
  • Interconnection Agreements
  • Carbon Capture Agreements

How we built it

• Frontend: Next.js 14 with React
• ⁠UI Components: Custom components with Tailwind CSS
• ⁠AI Models: Google Gemini 1.0 Pro, Jina.ai Neural Search
• ⁠Icons: Lucide Icons
• ⁠State Management: React Hooks
• ⁠Styling: Tailwind CSS with custom configurations

Challenges we ran into

Accomplishments that we're proud of

What we learned

What's next for Contract Agent

• Plan is to keep working on this with the team
• A collab with Rich Denning is on the table

Built With

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• please
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