Vendors must furnish the Iowa Alcoholic Beverages Division (Iowa ABD) with a "Liquor Vendor's Price Quotation" form (Sample D) for each active item code carried by the Division. New quotation forms must show the Freight on Board (F.O.B.) Point as Ankeny, Iowa. Quotations must list the "Net F.O.B. Ship Point" case cost (line 41) and "U.S. Freight" (Line 42)1 as separate items.
New quotation forms should be submitted 45 days in advance of the effective bailment date2. Suppliers may waive the requirement by submitting a letter authorizing Iowa ABD to use present quotation forms. The total case cost paid to suppliers will be the F.O.B. delivered price, or "Total Invoice Cost" (Line 47).
At the time of listing presentation, vendor will supply Iowa ABD with one bottle of the proposed product. Iowa ABD and suppliers will establish inventory levels based on projected sales.
Iowa ABD will provide suppliers with a current "Inventory Status Report" (Sample E) on a weekly basis. The report will reflect current Iowa ABD inventory and on-order quantities for each item and will assist suppliers in determining bailment inventory orders.
1 Including a $ .70 bailment fee on line 41.
2 Permanent price changes are allowed only on February 1, May 1,
August 1, and November 1, of any year.
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