Private
You set eligibility criteria. Qualified vendors register in your private room.
For Texas procurement teams
Run a private live price event with vendors you already trust.
Bring qualified suppliers into one room and watch rank-only bids move in real time. Keep solicitations, evaluation, and contracting in the ERP or e-procurement tools you use today.
No upfront cost for your department · We earn when you save · Public sector? →
Auction #00417Live
Closes in
04:12
- Bidder #1↑ Rank 1$142,000
- Bidder #2Rank 2$147,500
- Bidder #3Rank 3$151,200
Sample auction, for illustration only, not a real event. Bids are binding; anti-snipe extends the clock on a late bid.
- 15-30%
- Average savings per auction
- $0
- Cost to procurement departments
- 48hrs
- Average time to close an auction
- Free for procurement
- Pay only on savings
- Audit-ready records
- Vendor-agnostic
Where RFPwon fits
A live reverse auction for price negotiation, not your whole procurement stack
- Keep solicitations and evaluation in your existing ERP or e-procurement tools
- Open registration for qualified vendors in a private live room built for Texas procurement
- Export timestamps, bids, policies, and award notes into your contract file
How a live event works
- 01.Invite qualified vendors and lock scope for the event.
- 02.Run a private live reverse auction on your rules.
- 03.Award in your process and export the audit package.
What you get on every event
Live savings
Prices move in real time during the auction, not weeks later in email.
Audit-ready records
Registrations, bids, and timestamps export when you need them.
Vendor-agnostic
Bring your incumbent suppliers or anyone who meets your criteria.
Common questions
- Does RFPwon replace our ERP or e-procurement system?
- No. RFPwon is a reverse auction platform for price negotiation. Export supports award and contract steps in the systems you already use.
- Do vendors see each other's bid amounts?
- No. Vendors see rank, not competitor prices. Suppliers feel pressure to sharpen bids without seeing each other's numbers.
- What does my department pay?
- Nothing upfront to run events. When verified savings close on auction, RFPwon collects 10% of the amount saved. You keep 90%. No savings, no fee.
For vendors
Registered to bid? It's free.
Bidding is always free once you're registered for an auction. Subscribe for RFP Response Management when you want guided analysis, a response workspace, and AI help on every document.
Questions about your first event?
Tell us what you are trying to buy and we will reply by email with how RFPwon fits your process.