1-FTC ADOT PRICE PERCENTAGES-25.pdf

This document is an "Attachment: Price Increase Percentages" from the Arizona Department of Transportation (ADOT), which serves as a mechanism for potential contract price adjustments during renewal periods. The document is associated with solicitation number BPM006654 and is available online at https://appstate.az.gov/.

The attachment outlines maximum price increase percentages for four potential renewal periods: the first two periods allow for a 5% maximum increase, while the third and fourth periods permit an 8% maximum increase. Each renewal period's percentage increase is calculated against the original contract price, and the State of Arizona does not automatically grant increases. Vendors must provide documentation of need at the time of renewal. The document includes an example table demonstrating how these percentage increases would be applied to an original contract price, showing incremental calculations from 2% to 8% across successive renewal periods.