1-BPM006654 PRICE INCREASE.pdf

This document is an Attachment for Price Increase Percentages from the Arizona Department of Transportation (ADOT), associated with Solicitation Number BPM006654. The document provides guidance for potential contractors regarding maximum allowable price increases during contract renewal periods.

The attachment outlines a structured price increase schedule across four potential renewal periods: 1st renewal with a 2% maximum increase, 2nd renewal with a 4% maximum increase, 3rd renewal with a 6% maximum increase, and 4th renewal with an 8% maximum increase. Each increase is to be calculated against the original contract price, with the example table demonstrating how a $100 original contract price would incrementally grow. Importantly, the document emphasizes that the State of Arizona does not automatically grant increases, and contractors must provide documentation of need at the time of renewal to justify any price adjustments.