What it does
Submit your contract details (format, volume, current price, duration). The Contract Anchor Agent drafts a complete PackIndex-referenced escalation clause with BOM split, cap/collar, dispute resolution mechanism, 3-year historical simulation, and 3 negotiation arguments for getting a supplier to accept index-linking.
Example use case
A procurement director needs to introduce index-linking into a corrugated supply contract renewing in 8 weeks. The agent drafts a clause referencing PackIndex CORR with a +/-6% quarterly cap. The 3-year simulation shows the buyer would have saved £84,000 vs fixed price — the key argument for the supplier.
Frequently asked questions
Is this a legally binding document?
The clause is professionally drafted and suitable for insertion into a supply agreement — but should be reviewed by legal counsel before execution.
What is the reference index?
PackIndex L3 index for the relevant packaging format — publicly available, methodology-transparent, and not published by either buyer or supplier.
Can I customise the cap and collar?
Yes — specify your preferred cap and collar range and the agent adjusts the clause.
Related searches
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Run Contract Anchor Agent on PACKIQ
8 credits per run · Grounded in live PackIndex data · Result in under 2 minutes
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