Contract Number: CNR01506
Contract Date: 12/01/2020 – 11/30/2024
Agreement: Negotiation
Renewals: None
eProcurement: N/A
RFP Number & Name: Negotiated – No RFP / Reverse Auction Services


The Procurex contract delivers expert purchasing services to E&I members via state-of-the-art e-sourcing tools with no integrations required. Members benefit from Procurex’s expertise in strategic sourcing and project management to find vendors to fit your needs, meeting important cost and non-cost factors when you need to go out to bid.

Procurex owns and operates their proprietary cloud-based pricing software platform that brings cost compression, transparency, best value, and speed to the bidding process. Members discover qualified vendors that meet a range of successful scorecard criteria based on your procurement needs for commodities and services. These Holistic Live Pricing Events don’t replace your RFP/bid process, but instead enhances it while Procurex takes on the extra work for a successful end result. 

Contract Highlights
  • Supplier-pay model eliminates the need to budget to pay for Procurex’s services
  • Full-service solution manages the entire RFP/bid and supplier onboarding processes
  • From solicitation through post-auction follow-up, Procurex blends with your current procurement process and policies
  • Complimentary procurement consulting and collaboration
  • Score suppliers based on your criteria before the event and weigh scores during or after pricing is received
  • Cost savings and mitigation can help you save 14-28% on your upcoming solicitations
  • Include your current suppliers or search Procurex’s 10,000+ registered suppliers
  • SaaS with no IT implementation or integration needed
  • You’re fully in control to select the winner of your bid and can opt for single or multiple awards
  • Satisfaction guaranteed – you only sign contracts with a supplier when you are happy with the outcome of the event

More Information

If you would like more information, submit this form and your E&I Member Representative will be in touch with you shortly.

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