Tenders & Contracts
Tenders & Contracts

Princes Group

Tenders & Contracts

At Princes Group plc, we envisage a vibrant and interconnected supplier community, where collaboration, sourcing responsibly and efficiency are at the very heart of everything we want to do.

Frequently Asked Questions

RFI (Request for Information) – Used to collect information about invited suppliers and their capabilities. The RFI is used to qualify suppliers for an RFP or an Auction

RFP (Request for Proposal) – Used to collect quotes and/or proposals from invited suppliers. An RFP may be followed by one or more RFP rounds, or by an Auction.

Auctions – Used to let invited suppliers compete online and in real time.

Please contact the Princes colleague who has sent you the invitation to join the event.

Follow the instructions as per the invite – you can choose to participate in the event, or you can choose to decline participation.

Your account owner will receive a notification via SAP Ariba. It is possible to appoint other signees. This does not require additional registrations. Signees may be different people than event participants.

Yes, to collaborate on SAP Ariba all T&Cs need to be stored in a central repository.

Princes expects suppliers to collaborate on SAP Ariba. Short term it will not impact your ability to deliver to Princes, however your future opportunities to be awarded Princes business may be limited.