Exhibit A - 005-RFP-2678-2026 Cost Proposal Form.docx

This is a Cost Proposal Form for RFP 005-RFP-2678-2026 issued by the State of Iowa's Department of Administrative Services for group errors and omissions insurance coverage and administration services for the Iowa Real Estate Commission. The solicitation was posted on May 17, 2026, with proposals due June 16, 2026. Respondents must provide comprehensive errors and omissions insurance (professional liability) coverage tailored to the Commission's needs, including all associated administrative functions. The cost proposal must be itemized and all-inclusive, covering labor, materials, supervision, administrative costs, travel, overhead, and profit. Pricing shall remain firm for the initial contract term unless otherwise specified in the solicitation documents.

All pricing must be quoted in U.S. Dollars on an FOB Destination basis with freight and expenses included, based on Net 60 payment terms consistent with Iowa Code 8A.514, which allows the State sixty days to process vendor invoices. The form requires vendors to specify a locked-in three-year fixed premium rate with a minimum deductible of $100,000 per claim and $100,000 annual aggregate, with a $0 price per licensee option. Respondents may propose optional proposals and additional endorsements available to individual licensees. Vendors must also describe any proposed pricing escalation methodology for renewal terms and identify all assumptions, exclusions, limitations, or exceptions applicable to their pricing. Additional fees not otherwise identified in the cost proposal must be itemized separately.