1-Courtesy Cevrolet ADOT Medium Price Increase ARIZfiMA ATTACHMENT PRICE INCREASE PERCENTAGES.pdf

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Attached to
Master Agreement AZ|CTR077349
Contract number
CTR077349
Issued by
Arizona

About this file

This document is an Arizona Department of Transportation (ADOT) contract attachment for Price Increase Percentages, associated with Solicitation No. BPM006654. The document is specifically designed for potential contractors to specify their proposed maximum price increase percentages during contract renewal periods.

The attachment outlines four potential renewal periods, with the offeror proposing maximum percentage increases: 5% for the first renewal, 10% for the second, 15% for the third, and 20% for the fourth renewal period. These percentages are calculated against the original contract price, and ADOT emphasizes that price increases are not automatically granted. Contractors must provide documentation justifying the need for any price increase at the time of renewal. The document includes an example demonstrating how these cumulative percentage increases would be applied to an original contract price, ensuring transparency in the potential pricing mechanism.

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Text version

ARIZfiMA ATTACHMENT

PRICE INCREASE PERCENTAGES

— DEPARTMENT OF —

TRANSPORTATION

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 % Maximum Increase in2nd Renewal Period .% Maximum increase

/53rd Renewal Period % Maximum Increase d.04th Renewal Period % 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 ojfei'or 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 u.sing 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://aDPState.a2.gov/

Rev. 11/2024

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