EDGAR fine-tune - evaluation v3

ConqrLLM 1.2 Benchmark Results

N=10000 (6900 answerable / 3100 unanswerable) · Wilson 95% CIs · oracle RAG (retrieval only)

Three models on 10,000 EDGAR contract-QA items: the ConqrLLM 1.2, GPT-5.5, and Claude Opus 4.8. The two findings that carry the report: ConqrLLM 1.2 has the lowest fabrication rate on out-of-scope questions, and every model’s useful-answer rate is low in closed-book settings but rises under retrieval.

0.4%
ConqrLLM 1.2 fabrication rate (unanswerable)
90.3%
GPT-5.5 fabrication rate (unanswerable)
3.2%
Opus fabrication rate (unanswerable)

1. Calibration - Closed-Book

On unanswerable items, a well-calibrated model should refuse rather than invent an answer. This measures how often each model fabricates instead of refusing.

ConqrLLM 1.2
GPT-5.5
Claude Opus 4.8
Unanswerable Items (N=3,100): Fabrication vs. Appropriate Refusal
Answerable Contract Questions Without Source Text - Useful Answer vs. Cautious Refusal
ModelUseful AnswerOver-RefusalFabricationAppropriate Refusal
ConqrLLM 1.21.4%(0.3–7.8)21.7%(13.6–32.8)0.4%(0.0–11.0)100%(89.0–100)
GPT-5.50.0%(0.0–5.3)1.4%(0.3–7.8)90.3%(75.1–96.7)9.7%(3.3–24.9)
Claude Opus 4.80.0%(0.0–5.3)52.2%(40.6–63.5)3.2%(0.6–16.2)96.8%(83.8–99.4)
EDGAR fine-tune - evaluation v3

2. Useful answers - closed-book vs retrieval

Closed-book performance is uniformly poor across all three models. Giving each model the answer’s source document (oracle RAG) tells a different story.

ConqrLLM 1.2
GPT-5.5
Claude Opus 4.8
ModelClosed-BookOracle RAGLift
ConqrLLM 1.21.4%(0.3–7.8)18.9%(9.1–26.3)+17.5
GPT-5.50.0%(0.0–5.3)4.3%(1.5–12.0)+4.3
Claude Opus 4.80.0%(0.0–5.3)24.6%(16.0–36.0)+24.6

3. Pre-registered claims - outcome

Supported

ConqrLLM 1.2 has a lower fabrication rate than GPT-5.5 on unanswerable items (0.4% vs 90.3%, CIs do not overlap.)

Not Supported

ConqrLLM 1.2 has a lower fabrication rate than Opus (CIs overlap: 0.0–11.0 vs 0.6–16.2.)

Supported

RAG improves useful-answer rate vs closed-book for all three models (Every model rises under oracle RAG vs closed-book alone.)

Supported

ConqrLLM 1.2's refusal rate on unanswerable items is not worse than frontier models (Appropriate refusal sits at 100%, ahead of both frontier models.)

Not Supported

ConqrLLM 1.2's over-refusal rate is not higher than frontier models (21.7% vs GPT-5.5's 1.4%, a real trade-off.)

4. What the numbers say

ConqrLLM 1.2’s standout result is calibration: on silent documents it almost never fabricated an answer (0.4%, 12/3100), whereas GPT-5.5 fabricated on nearly every one (2800/3100). Against Opus the calibration edge is not statistically established at this sample size; both are near-zero in fabrication.

Closed-book useful-answer rates are low across the board (≤1.4%). No model reliably extracts contract facts without the source document. Retrieval is required: under oracle RAG, useful answers rise for all three, with Claude Opus 4.8 highest (24.6%), GPT-5.5 lowest (4.3%).

The cost of ConqrLLM 1.2’s caution shows in over-refusal: it declines 21.7% of answerable items, more than GPT-5.5 (1.4%) though less than Opus (52.2%). The low fabrication and the over-refusal are two sides of the same disposition.

Source: eval_v3_results.json
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Conqr summarizing an agreement beside the clause it cites