Truck and Cab Chassis - Triple Net Invoice including Government Incentives percentage

Iowa Department of Administrative Services Fleet Services is requesting bids from dealerships to establish a fixed percentage markup above Triple Net Invoice, including Government Incentives, for truck and cab chassis vehicles under RFB 005-RFB-2965-2027, with bids due August 19, 2026.

The procurement covers the manufacturer's entire line of truck and cab chassis, with DAS reserving the right to award multiple vendors. Bidders must submit pricing based on Triple Net Invoice methodology, defined as gross dealer invoice minus all hidden manufacturer discounts, holdbacks, and incentives, with government discounts applied as a fixed percentage or negative modifier. Contractors must provide separate cost percentages over Triple Net Invoice for government fleet vehicles and off-the-lot vehicles, plus per-mile delivery costs to DAS Fleet Services at 510 E. 12th Street, Des Moines, Iowa. Awarded vendors are required to submit an itemized Triple Net Invoice including government incentives for each vehicle for DAS review and approval before purchase-order issuance. The bid is exempt from state sales tax.

The contract term runs October 1, 2026, through September 30, 2027, with a sole option for one annual renewal under the same or more favorable terms and conditions. No estimated contract value is stated in the source material.