The portfolio is inside its annual ceiling but outside its economic constitution. Three workloads are consuming capital without sufficient verified value.
AUTHORITY82
/100
ORDER 01Contain margin leakage
Reroute low-complexity research tasks; cap premium model traffic.
ORDER 02Preserve verified value
Protect Fraud Sentinel funding from portfolio-wide cuts.
ORDER 03Return authority
Require executive signatures on three expired capital contracts.
CAPITAL POSITION
$38.4M
↓ 8.6% vs plan
COMMITTED$31.7M82.6%
VERIFIED VALUE$57.2M1.49× return
AT RISK$4.8M12.5%
AVOIDABLE$2.1Midentified
Verified valueConditionalAt risk
MARGIN CLOCK
TIME TO BREACH
41DAYSResearch Copilot
At current adoption, variable inference cost overtakes subscription contribution margin on September 14.
AI ECONOMIC WEATHER
PORTFOLIO CONDITIONS
62 / UNSTABLE
MODEL PRICE
ADOPTION
REWORK
62PRESSURE
HIGH demand accelerationMED vendor concentrationLOW verified attribution
PORTFOLIO UNDER AUTHORITY
CAPITAL CONTRACTS
WORKLOADOWNERRUN-RATEVALUEECONOMIC STATEORDER
ECONOMIC LINEAGE
FROM TOKEN TO VALUE
LIVE
REQUESTS18.2M+17%
AGENT ACTIONS6.4M35.2%
OUTCOMES1.9M29.7%
VERIFIED VALUE$57.2Mauditable
Leak detected: 11.8% of agent actions cannot be tied to a verified business outcome.
AUTONOMOUS GOVERNOR
DELEGATED AUTHORITY
L1Observeall workloads
L2Recommendall workloads
L3Reroute≤ $250k/month
L4Suspendhuman approval
L5Reallocateboard reserved
02 · EXECUTABLE POLICY
Capital Contracts
A budget becomes enforceable when value, quality, authority and stop conditions are written into the transaction path.
5 ACTIVE INSTRUMENTS2 REQUIRE SIGNATURE
CAPITAL INSTRUMENT
CC-001 · VERSION 4.2
Research Copilot
Equity research drafting and analyst augmentation
BREACHIN FORCE
CAPITAL OWNERDaniel HarrisonFront Office Technology
Initiatives compete for capital on evidence, economic return, strategic value, reversibility and risk—not executive enthusiasm.
AVAILABLE CAPITAL$6.7MFY26 reserve
CAPITAL AUCTION
ALLOCATE $6.7M
$0.0M of $6.7M allocated
COST–QUALITY FRONTIER
MODEL ECONOMICS
OPTIMAL ROUTE
ORDER
Route 72% of requests to economy/standard models. Reserve premium inference for ambiguity, synthesis and regulated exceptions.
PORTFOLIO CONSTITUTION
WHAT THE INSTITUTION WILL FUND
BOARD RATIFIED
IEvidence before scale
No workload receives expansion capital until value attribution survives independent challenge.
IIQuality is a covenant
Cost reduction that breaks the approved quality or control floor is not a saving.
IIIAuthority must expire
Every autonomous spending mandate has an owner, limit, renewal date and return condition.
IVReversibility earns capital
Reversible experiments receive preference when evidence quality is uncertain.
04 · FORWARD ECONOMICS
Margin Shock Laboratory
Stress-test adoption, model mix, retries, pricing and quality before an AI product becomes economically irreversible.
SCENARIO CONTROLS
RESEARCH COPILOT
ECONOMIC STATEMARGIN BREACHat projected adoption
CONTRIBUTION MARGIN−12.8%$157k monthly loss
SUBSCRIPTION REVENUE$1.22M
MODEL + INFRASTRUCTURE$0.74M
HUMAN REVIEW + REWORK$0.64M
AUTOMATIC CURE AVAILABLE
Reduce premium routing to 28%
Preserves the 91% quality floor while restoring projected contribution margin to 17.4%.
MARGIN AT SCALE
THE POINT OF ECONOMIC FAILURE
Current routeCured route
05 · SURVIVING RECORD
AI Capital Evidence
Every material economic decision survives as a board-defensible record of authority, evidence, action, risk and reconsideration.
DECISION LEDGER
RECENT RECEIPTS
HASH CHAIN VALID
DECISION RECEIPT · 4C8A:9F21VERIFIED
Premium-model cap issued
The autonomous governor reduced premium-model routing for Research Copilot from 54% to 35% after the workload crossed its approved contribution-margin boundary.
AUTHORITYGovernor Level 3
Delegated rerouting authority up to $250k monthly impact.
EVIDENCE30-day unit economics
Value-to-cost 0.82×; projected monthly loss $157k.