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  5. ›Vans - Triple Net Invoice including Government Incentives…

Iowa Department of Administrative Services·Iowa

Vans - Triple Net Invoice including Government Incentives percentage

Closes 8/24/2026$100k – $500kInvitation for Bid
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Description

The Iowa Department of Administrative Services is seeking bids from dealerships to establish a fixed percentage rate above the Triple Net Invoice, including Government Incentives, for vans. The contract will begin on October 1, 2026, and expire on September 30, 2027, with the option to renew for up to two annual extensions. The selected vendor will be required to provide an itemized Triple Net Invoice for each vehicle, and the percentage service rate will be applied to this cost. The vendor will also need to provide a cost per mile for delivery to DAS Fleet Services. • The contract is for the manufacturer's entire line of vans. • The term of the contract is one year with options for renewal. • The contract is exempt from state sales tax. • The Agency reserves the right to award multiple vendors.

Attached files

Contact

Rick Tucker(Procurement Specialist)

[email protected]

(515) 360-9912

Key dates

Opened
8/10/2026
Closes
8/24/2026
Duration
1 year

Last updated

Details

Type
Invitation for Bid
Industry
Automotive Manufacturing
NAICS
441110
Solicitation №
005-RFB-2982-2027

Budget estimate

$100,000 – $500,000

The budget for this contract will depend on the number of vans purchased and the fixed percentage rate above the Triple Net Invoice. Assuming an average cost of $40,000 per van and a 5% percentage rate, the budget for one van would be $2,000. If the contract is for 100 vans, the total budget would be $200,000. However, this is a rough estimate and the actual budget will depend on the specifics of the contract and the number of vans purchased. The factors that may influence the likely payment range include the number of vans purchased, the fixed percentage rate, and the cost of the vans.

AI estimate from the solicitation

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