Procurement Audit

Vendor benchmark library

30 quotes across 6 vendors · trailing 12 months · May 9, 2026

Quotes in library

30

Trailing 12 months · all regions

Vendors benchmarked

6

Across 8 spend categories

Open audit flags

6

Awaiting producer action

Estimated negotiation lift

$85K

Annualized · grounded in trailing 12 months

Top audit flags by lift potential
AI-flagged · ranked by variance × spend impact
  • Statement Floral
    Coordination Fees
    +227.6%

    Coordination fee at $19K is 3.3× the benchmark median ($5.8K) across 12 comparable engagements. Negotiate down to $7.5K or itemize the staffing it covers.

    $19K

    Annualized lift

  • Statement Floral
    Floral Installation
    +60.2%

    Statement entry install at $18.5K/unit is 60% above the $11.5K benchmark from Garland and Salt on identical scope. Drive to $13.5K or accept the alternate vendor.

    $15K

    Annualized lift

  • TCI Lighting & Audio
    Lighting Labor
    +14.5%

    Lighting tech day rates trending 11–20% over the 12-month median. Push back on $1,200/day; benchmark is $1,080. At our portfolio volume this is $24K/year.

    $25K

    Annualized lift

AI grounded in 30 quotes across 6 vendors over trailing 12 months

All audit flags
Sorted by spend impact descending · click vendor to drill in
VendorCategoryFlag typeVarianceEvidenceSpend impactSuggested action
TCI Lighting & AudioLighting Labor
Over benchmark
+14.5%8 quotes$25KLighting tech day rates trending 11–20% over the 12-month median. Push back on $1,200/day; benchmark is $1,080. At our portfolio volume this is $24K/year.Engage vendor
Statement FloralCoordination Fees
Over benchmark
+227.6%12 quotes$19KCoordination fee at $19K is 3.3× the benchmark median ($5.8K) across 12 comparable engagements. Negotiate down to $7.5K or itemize the staffing it covers.Engage vendor
AquaF&B
Over benchmark
+13.2%4 quotes$18KPlated + reception F&B 13% over benchmark across last 3 events. Negotiate volume tier — combined Amazon + Google annual F&B exceeds $400K.Engage vendor
Statement FloralFloral Installation
Over benchmark
+60.2%6 quotes$15KStatement entry install at $18.5K/unit is 60% above the $11.5K benchmark from Garland and Salt on identical scope. Drive to $13.5K or accept the alternate vendor.Engage vendor
SBI FabricationCustom Fabrication
Over benchmark
+6.7%5 quotes$8KCustom fab consistently 5–9% over benchmark. Worth a SOW renegotiation conversation given the Immersion LA stage build is $78K vs Amsterdam alternative at $54K.Engage vendor
Garland & CoCoordination Fees
Under benchmark
-48.3%8 quotesGarland coordination fees are 48% below benchmark — verify scope is comparable. If yes, this is a competitive lever for Statement Floral negotiation.Engage vendor
Vendor rate vs portfolio volume
Each dot = one vendor in one category. Horizontal axis = our annual volume with that vendor; vertical axis = unit rate vs benchmark median.
-30%0%+50%+100%+150%+200%Benchmark median$0$100K$200K$300K$400KAnnual volume (12-mo quoted)Variance vs benchmarkTCI Lighting & AudioLighting Labor · +13.5%Statement FloralFloral Arrangements · +17.4%SBI FabricationCustom Fabrication · +10.6%AquaVenue Rental · +2.5%AquaF&B · +14.2%

Dots above the line are over-benchmark — negotiation targets. Dots below are competitive references.

Why this matters

This page is the portfolio-level analog of the per-engagement vendor intelligence (W17). Where W17 surfaces leverage at the moment of a single engagement, this surfaces leverage across the entire vendor portfolio. They're complements, not duplicates.

Inspired by Sam Hagen's reference to “Shotti” — the procurement-auditing capability working with Google. 2026-05-07 meeting · 00:16:00.