Sport Utility Vehicles - Triple Net Invoice including Government Incentives percentage

Iowa DAS Fleet Services is seeking bids from dealerships to establish a fixed percentage rate above Triple Net Invoice, including Government Incentives, for Sport Utility Vehicles, with bids due August 21, 2026.

DAS is requesting bids on a manufacturer's entire line of SUVs with the option to award multiple vendors. The pricing structure requires bidders to propose a fixed percentage rate markup above Triple Net Invoice (calculated as gross dealer invoice minus all hidden manufacturer discounts, holdbacks, and incentives, with government discounts applied as a fixed percentage modifier). Awarded vendors must provide itemized Triple Net Invoices for each vehicle and a per-mile delivery rate to DAS Fleet Services at 510 E. 12th Street, Des Moines, Iowa.

The contract term runs October 1, 2026, through September 30, 2027, with the Agency retaining sole option to renew on the same or more favorable terms for up to two additional annual extensions. The bid is exempt from state sales tax, and DAS Fleet will review and approve invoices before issuing purchase orders.

No estimated contract value, incumbent information, set-asides, evaluation criteria weighting, pre-bid meeting, or question-due date are specified in the available materials.