RFP ADVISORY
Streamline Your Procurement Process
Managing requests for proposals (RFPs) for multiple suppliers and often multiple commodities can be a time-consuming and intricate task. In working with Transparent Energy you’ll have the benefit of our RFP Advisory services.
Clients get access to our RFP Advisory services every time they work with us, and there’s no additional fee. The RFP Advisory Services are designed to support our clients specific RFP needs hands-on from start-to-finish or with expert guidance using your existing procurement process. Either way, you’ll save valuable time and achieve optimal results.
How RFP Advisory Works
When you engage our RFP Advisory service, we’ll embark on a collaborative journey to a quick, stress-free process. Every client’s RFP needs are different, but here’s an example of the process:
- Needs Assessment: We begin by conducting a thorough assessment of your energy requirements, sustainability and procurement goals, and budgetary considerations. This step allows us to gain a comprehensive understanding of your organization’s unique needs.
- Customized Strategy: Based on the assessment, our team will develop a tailored strategy for your RFP, outlining key objectives, evaluation criteria, and timeline. We work closely with you to ensure the strategy aligns with your goals and organizational preferences.
- RFP Development: Our experts will craft a compelling RFP document that effectively communicates your requirements to potential suppliers. Meticulous attention to detail is given to ensure clarity, transparency, and adherence to your company’s policies. Legal review is included in this step to ensure the legal language is desirable and acceptable to the client.
- Vendor Evaluation: All energy suppliers that we work with are pre-vetted. Whether your business is going to auction or sealed bid, suppliers are hand-selected based on region and pre-established RFP criteria.
- Negotiation and Contracting: Leveraging our industry knowledge and negotiation expertise, we engage in productive discussions with suppliers on your behalf. Our objective is to secure the most favorable terms and conditions, protect your interests, and maximize the value you get from the best possible pricing.
- Ongoing Support: Our commitment to our clients doesn’t end once the contracts are signed. We provide ongoing support to monitor contract performance, resolve issues, and ensure compliance throughout the duration of your agreements. In addition, our energy market experts are continuously monitoring the market to prepare for your next contract renewal and will keep you informed so you can procure when the timing is right, not just because and when your contract reaches end of life. Did you know the best time to start discussing your next energy contract is 12-24 months before the current one expires?!