Document Crunch

Document Crunch is a contract intelligence platform that utilizes artificial intelligence (AI) and machine learning technologies to simplify construction contracts. Its AI-powered software identifies critical risk provisions within construction contracts, such as contract price, waivers of consequential damages, subrogation waivers, indemnity, insurance obligations, notice obligations, completion requirements, contractor remedies, and design responsibility. By quickly pinpointing these crucial provisions, Document Crunch enables project teams to understand and manage risks effectively throughout the project lifecycle.

The company's platform streamlines the contract review process, making it more efficient and accessible for construction professionals. Document Crunch's technology eliminates the need for time-consuming manual reviews, reducing the time and resources required for contract analysis. Its solution aims to empower project teams with accessible playbooks and guidance, presented in plain English, to facilitate informed decision-making during contract negotiations and drafting.

Document Crunch's platform can be applied across various areas within the construction industry. For instance, it can assist with due diligence during property acquisitions, swiftly reviewing pre-existing leases and agreements. Additionally, the company's curators provide insights and sample language to aid in drafting corporate governance guidelines, ensuring compliance with legal and exchange listing requirements.

Key customers and partnerships

Document Crunch has formed strategic partnerships with industry stakeholders such as AXA XL, ELECTRI International, and IRMI. These collaborations enable the company to provide data analytics and benchmarking services to the construction industry, facilitating the standardization of contracts and enhancing risk assessment.

Notable customers of Document Crunch include Balfour Beatty, The Boldt Company, and The Haskell Company. Balfour Beatty, a major construction firm, has been utilizing Document Crunch's platform since early 2020, leveraging its capabilities to assist project managers in identifying critical contract provisions. ELECTRI International, the outreach arm of the National Electrical Contractors Association, employs Document Crunch to educate its members on interpreting and negotiating fair contract language.