BlackBoiler engaged with the American Subcontractors Association (ASA) to offer BlackBoiler’s award-winning automated contract markup software that can help reduce risk and save money for subcontractors.
Arlington, VA – Sept 1, 2022 – BlackBoiler has announced today their engagement with the American Subcontractors Association (ASA) to provide members of the ASA community with exclusive access to BlackBoiler’s automated contract markup software that can automatically negotiate key contracting issues unique to the subcontracting industry. BlackBoiler benefits ASA members by reducing the pain points of time-consuming and inefficient contract review and negotiation, minimizing contract risk, and improving contract compliance. The software is trained with ASA negotiation tips that enable subcontractors to negotiate a particular subcontract clause and navigate harmful subcontract language while also providing suggested responses to prime contractors’ excuses. BlackBoiler, is the leading provider of automated contract review and markup software and is used in both Global 2000 and small to medium businesses, including several construction firms.
BlackBoiler is cutting-edge software that uses artificial intelligence and machine learning technology to instantaneously review and markup contracts right in “Track Changes,” according to your company’s playbook and ASA’s negotiation tips. It helps subcontractors rigorously standardize their contract review which can mitigate risk, reduce frustration, and drive efficiency. Most importantly, it becomes smarter and more efficient with every use, resulting in up to a 70% reduction in contract review time.
“Subcontractors negotiate a large number of agreements per month, with the vast majority being on owner or prime contractor paper. Reviewing, spotting risks, and pushing back on harmful subcontract language can be time-consuming and costly for the business. When ignored, these contracting issues can expose the company to risks that could mean significant out-of-pocket costs.” said Dan Broderick, co-founder, and CEO of BlackBoiler. “BlackBoiler’s software automates the negotiation of subcontractor agreements and can remediate risks based on the ASA’s time-tested tips while significantly reducing the time it takes to get to a completed and agreed contract.”
Richard Bright, ASA’s COO, shared his excitement about this new agreement. “Negotiating fair contract language is right in ASA’s wheelhouse, and having a tool like this at your disposal can only make life easier and more efficient!”
BlackBoiler’s client roster includes AmLaw 25 law firms and organizations within the Fortune 1000, including several customers in the construction industry. The company holds 11 patents in the U.S. and is currently pursuing additional IP protection in the U.S., Canada, and Europe.
For more information or a demo visit blackboiler.com.
Based in Arlington, Virginia, BlackBoiler is a National Science Foundation-backed software company focused on the automation of contract review. The company’s patented automated contract markup tool is designed to work seamlessly with programs users already know how to use: Word and email. Through proprietary techniques, BlackBoiler creates client-specific editing models and leverages these models to markup inbound contracts instantaneously in the Track Changes feature of Microsoft Word. BlackBoiler grows smarter and increases the efficiency of contract review with each additional use.
Founded in 1966, ASA promotes the rights and interests of subcontractors, specialty contractors and suppliers by building strength in community through education, advocacy, networking and professional growth. ASA adheres to and promotes quality construction, ethical and equitable business practices, safety in the work environment, and best industry practices.
For more information about ASA, visit www.asaonline.com.