1-Courtesy Dodge ADOT Med ATTACHMENT PRICE INCREASE PERCENTAGES.pdf

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Attached to
Master Agreement AZ|CTR077348
Contract number
CTR077348
Issued by
Arizona

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Written by GovTribe AI ·

This document is a Price Increase Percentages Attachment from the Arizona Department of Transportation (ADOT) for a solicitation numbered BPM006654. The attachment is designed for potential contractors to specify maximum price increase percentages they may request during contract renewal periods, specifically for a state and local contract indefinite delivery vehicle.

The attachment allows offerors to propose maximum price increases for up to four renewal periods, with the percentages incrementally increasing: 5% for the first renewal, 10% for the second, 15% for the third, and 20% for the fourth renewal. Importantly, these percentage increases would be calculated against the original contract price, and the State of Arizona does not automatically grant increases. If a price increase is requested, the offeror must provide documentation demonstrating the need for the increase at the time of renewal. The document provides a clear example of how these percentage increases would be applied and emphasizes that if no increase percentages are specified, prices will remain the same as the original contract term.

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ARIZ^^NA 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).

£ % Maximum Increase1st Renewal Period la % Maximum Increase2nd Renewal Period

IS % Maximum Increase3rd Renewal Period

^0 % Maximum Increase4th Renewal Period

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 the original contract term. Please see the following example for further clarification.as

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.

Maximum

Contract

Price

Original Contract

Maximum

Increase

Allowed

Renewal

Period

% Maximum

Increase from

Attachment Price

$102.00$2.00$100.002%1

$104.00$4.00$100.004%2

$106.00$6.00$100.006%3

$108.00$8.00$100.008%4

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.

Page 1 of 1Available online at httDs://aDDstate.az.gov/

Solicitation No: BPM006654

Rev. 11/2024

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