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Sedans - Triple Net Invoice including Government Incentives percentage

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DASIowa-005-RFB-2964-2027State & Local

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Solicitation details, issuing organization, response deadlines, documents, and interested companies for this government contract opportunity.

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Iowa DAS Fleet Services is soliciting bids from qualified dealerships to supply sedans for government fleet use under a contract beginning October 1, 2026, and expiring September 30, 2027, with the possibility of two one-year renewals by mutual agreement. Bidders must propose a fixed percentage rate applied to the Triple Net Invoice, which represents the dealer’s true cost for each vehicle inclusive of all government incentives, rather than setting individual vehicle prices. This percentage will determine the service fee added to the base cost for each vehicle purchased under the contract. Vendors are required to provide detailed itemized Triple Net Invoices for every vehicle, which DAS Fleet will review and approve before issuing a purchase order that includes both the vehicle cost and the agreed-upon service fee. In addition, bidders must specify a per-mile delivery rate. The contract is non-exclusive, allowing the State of Iowa and eligible political subdivisions to procure similar vehicles through other means. All bids must be submitted by August 17, 2026, and any amendments issued after submission require bidders to review, update, and resubmit their bids. Bidders are responsible for ensuring full compliance and completeness of their submissions, and the state reserves the right to award one or more contracts based on competitive evaluation. Information for submission is accessible via the online portal, and primary contact for inquiries is Rick Tucker of Iowa DAS Fleet Services.

General Info

Iowa DAS seeks dealership bids for sedans Oct 2026–Sep 2027 with renewal options, using fixed percentage fee on Triple Net Invoice.

Agency

NAICS

441110 - New Car DealersView NAICS

Place of Performance

Not specified

Set-Aside

NONE

Documents

(2)

FY26 Sedans 005-RFB-2964-2027 Worksheet.pdf

PDF

005-RFB-2964-2027.pdf

PDF

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Timeline

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Organization & Contact Information

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AgencyIowa
Contacts1 person available
OfficeN/A
Organization / Agency
Iowa
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Office AddressN/A
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Full Description

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Iowa DAS Fleet Services is seeking bids from dealerships to provide sedans. The vehicle price will be set by the manufacturer, this bid is to establish a fixed percentage rate above the Triple Net Invoice, including Government Incentives, for any Government Fleet rate vehicles or off the lot vehicles. Triple Net refers to the dealers’ true cost for a vehicle. This bid will also establish a per mile rate for delivery. Awarded vendors will be required to provide an itemized Triple Net Invoice (including Government Incentives) for each vehicle, for which the percentage service rate will be applied. DAS Fleet will review the invoice, only upon approval DAS Fleet will issue a purchase order inclusive of the vehicle and percentage cost. The purpose of this Request for Bids (RFB) is to solicit competitive bids from qualified Bidders to provide the goods, services, or both described in this RFB for the Lead Agency and any Participating Agencies. The Lead Agency intends to award one or more contracts for the term identified in the solicitation. At its sole discretion, the Lead Agency may extend the contract(s) for up to the number of annual renewal periods specified in the solicitation. Any contract awarded as a result of this RFB shall be non-exclusive, and the Lead Agency and Participating Agencies reserve the right to procure similar goods or services through other contracts or procurement methods as permitted by law. This RFB is intended to provide Bidders with the information necessary to prepare responsive and competitive bids. The solicitation process is conducted for the benefit of the Lead Agency and Participating Agencies to obtain the information needed to evaluate bids and select the Bidder(s) whose bid best meets the requirements of this RFB. This RFB is not intended to contain every detail or consideration that may be relevant to preparing a bid. Each Bidder is solely responsible for reviewing the solicitation and obtaining any additional information necessary to prepare a complete and responsive bid. Bid Submission and Amendments · Bidders are encouraged to Save Progress frequently, particularly after uploading documents. · If a Bidder opens a bid after it has been certified and submitted, the bid must be certified and resubmitted. Opening the bid does not remove previously entered information or uploaded documents. · If the Issuing Officer issues an amendment after a bid has been submitted, the Bidder must review and acknowledge the amendment, then certify and resubmit the bid. All previously submitted information and attachments will remain intact. Instructions for Responding to an Amendment 1. Review the amendment in the solicitation. 2. Complete any newly added or revised questions in the Questions section, if applicable. 3. Acknowledge the amendment. 4. Certify and resubmit the bid before the solicitation closing date and time. Contract Term The term of the contract will begin 01 October, 2026 and will expire September 30, 2027. The Contract may be renewed by mutual agreement of both parties for up to two (2) years. The resulting Contract will be available for use by all State of Iowa Agencies and other eligible Political Subdivisions.

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