1-adot price increase percentages.pdf

This document is an Arizona Department of Transportation (ADOT) Price Increase Percentages attachment for a contract renewal process, with the solicitation number BPM006654. The document is designed for offerors to specify maximum price increase percentages for potential contract renewals.

The attachment outlines a structured price increase mechanism for up to four renewal periods, with percentages increasing incrementally: 2% for the first renewal, 4% for the second, 6% for the third, and 8% for the fourth renewal period. Each increase is calculated against the original contract price, and ADOT emphasizes that increases are not automatically granted. Offerors must provide documentation of need at the time of renewal, and the state reserves the right to evaluate and approve price adjustments. The document includes an example table demonstrating how these percentage increases would be applied to a hypothetical $100.00 original contract price, showing the potential maximum contract price after each renewal period.