1-[Automotive Parts and Repair for Medium and Heavy Duty Vehicles]_638809343482170979.docx

DOCX document 1 MB Posted

Attached to
Master Agreement AZ|CTR077365
Contract number
CTR077365
Issued by
Arizona

About this file

This document is an attachment related to a state contract for automotive parts and repair for medium and heavy duty vehicles, specifically for the Arizona Department of Transportation (ADOT). The document appears to be part of a solicitation (No. BPM006654) available through the Arizona state procurement system.

The attachment outlines the maximum price increase percentages allowed during contract renewal periods. Specifically, the contract permits incremental price increases of 7% in the first renewal period, 14% in the second, 21% in the third, and 28% in the fourth renewal period, all calculated against the original contract price. The state emphasizes that price increases are not automatic and require documentation of need at the time of renewal. Vendors must specify their requested maximum increase percentages, with the understanding that if no increase is specified, prices will remain the same as the original contract term.

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ATTACHMENT

PRICE INCREASE PERCENTAGES

The offeror should use the space below to identify the maximum price increase percentage that they may want to request at the time of renewal if ADOT exercises its option per the applicable provisions under any resultant contract(s).

1st Renewal Period _________7_________% Maximum Increase

2nd Renewal Period ___________14______% Maximum Increase

3rd Renewal Period ______21___________% Maximum Increase

4th Renewal Period _________28________% Maximum Increase

The offeror is cautioned that each renewal period’s increase percentage shall be computed against the ORIGINAL contract price. If information is not provided in the space above, prices shall remain the same as the original contract term. Please see the following example for further clarification.

Example: If the offeror anticipates requesting a 2% increase at each renewal period per Special Terms and Conditions, they should enter 2%, 4%, 6%, and 8% in the attachment. Each percentage increase is calculated using the original contract price. See example in table below.

Renewal Period
% Maximum Increase from Attachment
Original Contract Price
Maximum Increase Allowed
Maximum Contract Price
1
2%
$100.00
$2.00
$102.00
2
4%
$100.00
$4.00
$104.00
3
6%
$100.00
$6.00
$106.00
4
8%
$100.00
$8.00
$108.00

Furthermore, the offeror is advised that the State of Arizona does not automatically grant any increase when renewing the contract. If an increase is requested, documentation of need must be provided at the time of renewal.

Solicitation No: BPM006654
Available online at

https://appstate.az.gov/

Rev. 11/2024 image1.jpeg

File details come from the government source that posted it. Updated .