EXECUTION INSTRUMENT

Simple RFx Execution

Run an RFx event without adding internal bandwidth. A fully governed sourcing execution cleared through Nuevance.

Specifications:
Suppliers: Up to 3
Duration: 2–4 weeks
Complexity: Low to Moderate
Typical Categories: Indirect / Tail Spend
Best For:
-> Lean procurement teams
-> PE-backed companies
-> Teams with sourcing backlog
-> One-off competitive bids
Request this EI
SCOPE OF EXECUTION & Deliverables

What This Execution Delivers

This execution instrument covers the full RFx cycle for low-complexity sourcing events with standardized governance and documentation.

RFx package creation & release

RFx package created using standardized sourcing templates.
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Deliverable -> RFx package
Bid Comparison

Structured comparison across all supplier responses.
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Deliverable -> Bid comparison sheet
Supplier Q&A

All supplier communications are logged and recorded.
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Deliverable -> Supplier Q&A log
Negotiation Summary

Negotiations based on historical pricing and benchmarks.
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Deliverable -> Negotiation summary
Award Recommendation

Recommendation summary for review with all justifications.
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Deliverable -> Award recommendation
Audit-Ready Evidence Pack

All communications, decisions, approvals, and outputs packaged for approval.
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Deliverable -> Audit-ready evidence pack
PROCESS FLOW

How Execution Clears Through Nuevance

From request to cleared execution in 5 governed steps
1

Scope
Lock

Buyer submits RFx request. Scope, suppliers, timeline and pricing are locked before execution begins.
2

Provider Assigned

Nuevance assigns verified execution provider and initiates governed workflow.

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3

RFx
Execution

Supplier outreach, bid collection, normalization and negotiation executed.

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4

Evaluation & Award

Comparison, scoring and award recommendation prepared for approval.

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5

Audit Pack & Settlement

Audit-ready evidence pack generated. Nuevance clears and releases payment.

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PRICING

Commercial Model

Payment is secured in escrow: Payments are released only after governed execution and audit validation.
Simple RFx Execution is offered as a fixed-scope execution program. Pricing depends on category complexity, supplier count, and timeline.

Most clients begin with one RFx to evaluate the Nuevance model.
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‍Typical execution range: $2,500–$6,000 per RFx
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‍Includes:
-> End-to-end governed sourcing execution
-> Supplier outreach & negotiation
-> Award recommendation
->Full audit-ready evidence pack
-> Milestone-based payment release
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‍No long-term commitment required.

‍Final pricing confirmed after scope validation.
Request This Execution
Scope reviewed within 24–48 hours. No commitment required.