Bid Banana
PricingBid helpAPILog inStart free trial
Log inStart free trial

Learn more

  • Iowa guideIowa Bids and Bidding Guide
  • Pricing your bidWhy Your RFP Pricing Strategy Is Costing You
  • How to answer an IFBInvitation for Bid: You Just Received an IFB, Now What?
More fleet vehicles and parts bids →Must-win bid? Bring in The Bid Lab →
Bid Banana
SearchPricingBid helpBrowse bidsAPISupportFAQPrivacy PolicyTerms of UseAI Use Policy

This website and its content is copyright of The Bid Lab © 2026. The Bid Lab is a trademark of Bid Lab, LLC. All rights reserved.

  1. Bid Banana
  2. ›Bids
  3. ›Iowa
  4. ›Closed bids
  5. ›Sedans - Triple Net Invoice including Government Incentives percentage

Iowa Department of Administrative Services·Iowa

Sedans - Triple Net Invoice including Government Incentives percentage

Closes 8/17/2026$500k – $2.5MInvitation for Bid
Bid source

This opportunity has closed.

Bid Banana tracks 1.6M+ bids and awards across all 50 states. Save a search and we'll email your new matches, daily or weekly — so the next one reaches you with time to bid.

Get alerted next time

Description

Iowa DAS Fleet Services seeks Iowa‑based automobile dealerships to supply new sedans and agree to a fixed percentage markup applied to the Triple Net Invoice (including any government incentives), plus a per‑mile delivery charge. The agency will issue purchase orders that incorporate the vehicle’s base cost plus the agreed‑upon percentage and delivery rates. Bidders must provide itemized Triple Net Invoices for each vehicle, certify compliance with numerous contractual and administrative terms, and pay a $100 administrative fee per vehicle on a quarterly basis. The contract runs from 1 Oct 2026 to 30 Sep 2027 with a possible two‑year renewal.

Attached files

The solicitation documents live at the source — open the bid source above to download them.

Contact

Rick Tucker(Contact)

[email protected]

(515) 360-9912

Key dates

Opened
8/3/2026
Closes
8/17/2026
Duration
12 months

Last updated

Details

Type
Invitation for Bid
Industry
Automotive Manufacturing
NAICS
441110
Solicitation №
005-RFB-2964-2027

Budget estimate

$500,000 – $2,500,000

The contract’s compensation is based on a percentage markup over each vehicle’s Triple Net cost plus a per‑mile delivery fee, plus a $100 administrative fee per vehicle. Assuming the state purchases approximately 150 sedans over the 12‑month term at an average MSRP of $30,000, and a typical markup of 4‑6 % (yielding $1.8‑$2.7 M), plus delivery charges (estimated $2‑$5 k) and admin fees ($15 k), the total budget to the winning dealer could range roughly from $500,000 on the low end (if few vehicles are sold or markup is modest) to $2,500,000 on the high end. Factors influencing the range include the actual number of vehicles sold, the agreed markup percentage, mileage distances, and any negotiated discounts.

AI estimate from the solicitation

Similar opportunities

Matched by Bid Banana AI™

Bid Banana · 1.6M+ bids and awards 🍌

You found this one too late. Don't find the next one too late.

Bid Banana searches open government bids across all 50 states, updated daily. Save a search once and we email you your new matches, daily or weekly, while there is still time to win them.

1.6M+
bids & awards
All 50
states
4,000+
agencies
Start your 7-day free trial

Plans from $49.99/month. Cancel anytime, no setup fees.

Built by The Bid Lab, answering RFPs since 2017.

We’re still matching similar opportunities to this one — check back soon.