ASTERION · LEXSPHERE POST-AWARD
Module 02 — Contract Execution & Obligation Management

Contract Execution & Obligation Management

Pre-award review tells you what you're signing. Post-award tells you what to do next, every day, until the contract is closed out. A signed contract becomes a live obligation register, a deadline calendar, a bonds tracker and an evidence trail.

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THE POST-AWARD GAP

Most contracts go dark the moment they're signed

Pre-award review gets attention. Execution doesn't. The contract is filed, the team moves on, and the next person to read it is doing so because a deadline was missed, a bond lapsed, a milestone slipped, or the counterparty wants to claim. The margin protected at pre-award leaks back out afterwards, quietly, until the close-out account makes it obvious.

Obligations get forgotten

Twenty to thirty duties per contract, yours and theirs, buried in a PDF nobody opens after day one.

Notice deadlines are missed

Time-bars are absolute. Miss the 28-day window and the claim is gone.

Bonds and insurances lapse quietly

The renewal cascade isn't tracked, so a gap in cover gets discovered after an event rather than before one.

~4 min
From signed contract to live dashboard
Obligations, notices, risks, bonds and milestones extracted, classified and prioritised.
WHAT IT DOES

What Post-Award does

01

Obligation register

Every duty under the contract, split between what you owe and what they owe you, across 21 live post-award registers. Each entry carries its evidence trail, sign-off gates and a hash-chained history.

02

Notice deadline calendar

Every time-bar in the contract, classified by what you actually have to do when it fires: send a notice, chase the supplier, or respond. Alerts cascade at T-14, T-7, T-3 and on the day.

03

Risk register

Contract-specific risks scored 1 to 25 with mitigations: FX exposure, LD ceilings, off-spec penalties, sanctions exposure, take-or-pay.

04

Bonds and insurance

Performance bonds, advance-payment guarantees, PCGs, PI, public liability, marine cargo, motor and EIL, with expiry cascades at T-90, T-30, T-7, day-of and lapsed.

05

Milestone schedule

Baseline and revised dates with critical-path flagging, and automatic detection of what's at risk, slipping or overdue, synced against progress evidence.

06

Live market monitoring

FX rates, commodity indices, LTIFR thresholds and any other measurable trigger the contract depends on, watched against the levels where the contract becomes re-negotiable.

STANDARD CONTRACT FORMS SUPPORTED

The contract families it's trained on

Trained on real signed contracts in each family, so it recognises sub-clauses, schedules, particular conditions, side letters and amendments. It sits downstream of Pre-Award but doesn't require it: any signed PDF or DOCX bootstraps the full management surface.

FIDIC Red / Yellow / Silver

Construction, Plant & Design-Build, EPC/Turnkey

NEC3 / NEC4

Engineering and Construction Contract suite

JCT

Joint Contracts Tribunal, UK building

JBCC

Joint Building Contracts Committee, South Africa

GCC

General Conditions of Contract, SAICE

IChemE

Process plant contract forms

ICC

Institution of Civil Engineers suite

Bespoke

Bespoke contracts following a standard-form structure

EIGHT SIGN-OFF GATES

A human signs off anything that binds you

Identity confirmation Notice calendar

Confirm the extraction is right, then sign off the deadline calendar before any alerts go live.

Risk acceptance Notice approval

Every risk scoring 7 or above needs a decision: accept, mitigate, transfer or escalate. Outbound notices are approved with the full draft in front of you.

Claim sign-off Variation approval

All five causation links have to hold, from event through effect, entitlement and evidence to quantum, and weak claims are rejected. Material variations need Commercial Director sign-off.

Close-out Dispatch

Sign the final account, move to permanent archive and seal the records. A second sign-off is required before anything goes to the counterparty.

HOW IT WORKS DAY-TO-DAY

What using it actually looks like

A prioritised home screen

What needs attention right now, in plain English. "Chase counterparty for Performance Bond Delivery, 3 days to deadline", with one click through to the right tab.

One-click chase notices

Where the supplier owes you something, a single button drafts the formal demand: right tone, right contact, right clause. It lands in your outbox awaiting sign-off rather than going out on its own.

The loop actually closes

When the supplier replies, the system reads the inbound letter, recognises it as a response, and offers to mark the obligation satisfied. One click closes it with the audit chain intact.

Lex, grounded in your contract

Ask what the renewal deadline is, which bonds are active, or whether you can claim under clause 20.1, and get an answer cited to the clause.

DAY ONE

Upload a signed contract and see what comes back

PDF or DOCX. In about four minutes you get a live dashboard: twenty to thirty obligations split between yours and theirs, ten to fifteen contract-specific risks scored and ranked, every notice deadline catalogued with its cascade, five to ten bonds and insurances tracked to expiry, and a today view that says what to do first. Email is built in, so chase notices, replies and inbound correspondence flow back on their own.

Every deadline in one place, managed.

Multi-tenant SaaS

Role-based access control, GDPR-aware, on Asterion's infrastructure.

Or deployed in your AWS

Where the data has to stay in your own cloud, it deploys into your account.

Immutable audit trail

Every action, gate decision, evidence upload and notice, hash-chained and exportable for legal proceedings.