{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-25-030966","form_type":"8-K","ticker":"NEXT","cik":"0001612720","company_name":"NextDecade Corp","filed_at":"2025-06-12T23:59:59+00:00","discovered_at":"2026-05-14T18:02:49.022256+00:00","generated_at":"2026-05-19T10:42:15.237160+00:00","sec_items":["1.01"],"event_type":"other_material","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"NextDecade signs Train 5 EPC with Bechtel for $4.32B, amends Train 4 EPC to $4.768B","bullets":["Amended Train 4 EPC contract price: $4.768B (incl. ~€278M); new Train 5 EPC price: $4.320B (incl. ~€262M).","Train 5 scope: one liquefaction train, 180,000m3 LNG tank, ground flare, utilities; design mirrors Phase 1.","Bechtel must post letter of credit equal to 10% of contract price (5% after substantial completion) and parent guaranty.","RG5 must show proof of funding before full notice to proceed; deadline for NTP is Dec 15, 2026.","Liquidated damages for delay and performance; early production bonus if Train 5 completes ahead of schedule."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-25-030966","json":"https://secwatch.observer/filing/0001628280-25-030966.json","markdown":"https://secwatch.observer/filing/0001628280-25-030966.md","text":"https://secwatch.observer/filing/0001628280-25-030966.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1612720/000162828025030966/0001628280-25-030966-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1612720/000162828025030966/next-20250607.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-19T10:42:15.237160+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}