Fall Contracts Seminar Series - Session 3

Artificial Intelligence for Contracting: Practical Applications, Opportunities, and Risks

Join the VSRA Contracts Committee for an informative seminar featuring Dr. Rafael Diaz of Old Dominion University. This session introduces the fundamentals of artificial intelligence (AI) and explores practical applications in contracting and business operations, particularly within the ship repair industry. Topics include contract analysis, RFP responses, proposal development, cost estimation, and supply-chain management. Through examples and demonstrations, participants will learn how AI can improve efficiency, support decision-making, and be adopted responsibly while recognizing its limitations and risks.

Participants will:

1. Understand the fundamentals, capabilities, and limitations of AI and generative AI.
2. Explore practical AI applications in contract analysis, RFP responses, proposal preparation, and cost estimation.
3. Identify opportunities to improve procurement, supply-chain operations, and project management.
4. Recognize risks related to accuracy, confidentiality, cybersecurity, and regulatory compliance.
5. Learn practical approaches to adopting AI responsibly in everyday business operations.

Contact Information

For additional information regarding this seminar, please contact:

Anika Clickener
Events & Outreach Coordinator
Virginia Ship Repair Association (VSRA)

Email: AClickener@VirginiaShipRepair.org
Phone: (757) 233-7034 ext. 109