Total Loss Valuation – Auto and Light Truck

The contract seeks qualified vendors to determine the Actual Cash Value of totaled auto and light truck fleet vehicles using CCC systems, comprehensive market research, and detailed depreciation analysis. The valuation process must align with industry standards to ensure accurate, defensible assessments for insurance and fleet management purposes. Vendors are expected to leverage proprietary tools and validated data sources to deliver consistent, timely results across a large volume of vehicles. This subcontract is issued by the State of Iowa under NAICS code 541380 and is open for responses until July 26, 2026. The work will be performed remotely with no specified physical place of performance, and all deliverables must be submitted electronically through the designated vendor portal. There is no set-aside designation for small or disadvantaged businesses, and the contract does not include point of contact information, requiring interested parties to navigate the public bidding portal for further details and submission requirements.