Buyers
Free to run
- Unlimited live auction events
- Attach policies, manuals, and evaluation criteria to each event
- Full audit trail and export packages
- 10% savings fee only when verified savings close
- No upfront platform cost for your department
For procurement teams
Free to run. Pay only when you save.
No upfront platform cost for your department. RFPwon is a reverse auction provider for live pricing events, not a full procurement suite. When verified savings close on auction, we collect 10% of the amount saved. You keep 90%.
Traditional fees vs savings-based pricing
Many reverse-auction and procurement platforms charge a percentage of the total contract value whether or not you saved money. RFPwon only earns when verified savings close on pricing events you run here.
Typical platform fee
2.5%–3.5% of total contract value (charged on the award amount)
RFPwon savings fee
10% of verified savings only at auction close. No savings, no fee.
Worked example
Opening quote
$200,000
Winning bid
$170,000
Verified savings
$30,000
Typical fee at 2.5% of winning bid
$4,250
Typical fee at 3.5% of winning bid
$5,950
RFPwon fee (10% of savings)
$3,000
You keep $27,000 (90% of savings)
Vendors bid free when invited. Subscription is only for optional RFP Response Management.Vendor Pricing →
Buyer pricing FAQ
- When is the savings fee charged?
- Only when an auction closes with verified savings. No savings means no fee.
- How does this compare to traditional platform fees?
- Many providers charge 2.5%–3.5% of the total contract value. RFPwon charges 10% of verified savings only, so you pay on results, not on the full award amount.
- Do vendors pay to bid?
- Never. Vendors bid free when invited. Optional subscriptions are only for RFP Response Management.
- Is the fee disclosed for contracting officers?
- Yes. Fee structure is stated upfront: 10% of verified savings at close, with no upfront platform cost.
- Does RFPwon replace our ERP or e-procurement system?
- No. Buyer pricing covers live reverse auction events and export. Solicitation, evaluation, and contract management stay in your existing tools.
Start your first auction
Free for your department. No credit card, no sales call, no upfront cost until you save.