Trucks and Cab Chassis - dealer invoice percentage

The Iowa Department of Administrative Services is seeking bids from dealerships to create a fixed percentage rate above the factory invoice for Government Fleet rate vehicles or off-the-lot vehicles. This initiative aims to simplify the procurement process for trucks and cab chassis, emphasizing transparency in pricing and inclusive of administrative and service fees. Participating dealerships are required to offer trucks and cab chassis from the manufacturer's full lineup and establish a fixed percentage service rate above the factory invoice. Additionally, a per mile delivery fee must be specified. Successful vendors must provide an itemized factory invoice for each vehicle, which will be reviewed by DAS Fleet before issuing a purchase order that encompasses both the vehicle and service costs. For instance, if a dealership proposes a 1% fixed percentage service rate on a $30,000 factory invoice, the total sales price delivered would amount to $30,350 once delivery fees are added. The contract is initially set for one year, with the possibility of renewing for up to five additional one-year periods, contingent upon mutual agreement between the contractor and DAS Fleet. The geographic scope of the contract will be defined by the required delivery to various DAS locations within Iowa. The contract opportunity is classified as SLED (State and Local, Education, and Higher Education) with the primary point of contact being Rick Tucker, who can be reached via email or phone. The project has an estimated value range between $5 million and $15 million, with bids due by April 21, 2025.