This Solicitation opportunity from Iowa was posted on May 19, 2025. The submission period has ended. Browse the details below for market research, or find similar active opportunities.
Sedans - Triple Net Invoice including Government Incentives percentage
Contract Overview
Solicitation details, issuing organization, response deadlines, documents, and interested companies for this government contract opportunity.
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AI Contract Overview
The Iowa Department of Administrative Services is seeking bids from dealerships to supply sedans for state government use through a contract that establishes standardized pricing. Dealers are required to offer vehicles at a fixed rate of 1% above the Triple Net Invoice, which reflects the dealer’s true cost, inclusive of any government incentives for fleet or off-the-lot vehicles. In addition, vendors must specify a delivery fee of $1.00 per mile, calculated for transportation to any designated DAS location within Iowa. Each delivered vehicle will require an itemized Triple Net Invoice submission, which DAS will review prior to issuing a purchase order. The contract covers the full line of sedans from the respective manufacturer and runs from the date of award through September 30, 2026. Prospective bidders must detail both their percentage rate above Triple Net Invoice and their per-mile delivery charges in their submissions. The estimated value of the contract is between $500,000 and $2,000,000. All deliveries and contractual obligations pertain solely to locations within Iowa, and the process is designed to ensure transparency and cost-effectiveness in the state’s vehicle procurement.
General Info
Place of Performance
IA, USASet-Aside
Documents
1AI Contract Breakdown
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Timeline
Submission Closed
Organization & Contact Information
Full Description
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