1-Price increase for Medium and Heavy Duty Vehicles]_638799215929722206.docx
DOCX document 1 MB Posted
- Attached to
- Master Agreement AZ|CTR077360
- Contract number
- CTR077360
- Issued by
- Arizona
About this file
This document is an Attachment Price Increase Percentages form from the Arizona Department of Transportation (ADOT) related to a state contract for Medium and Heavy Duty Vehicles. The solicitation is identified by number BPM006654 and is available through the Arizona state procurement website.
The attachment outlines maximum percentage increases for contract renewal periods, with incremental price escalation allowances: 2% for the first renewal, 5% for the second, 8% for the third, and 10% for the fourth renewal period. Each percentage increase is calculated against the original contract price, and the State of Arizona does not automatically grant increases. Vendors must provide documentation justifying any requested price increases at the time of renewal. The document emphasizes that if no increase information is provided, prices will remain consistent with 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 ________2___________% Maximum Increase
2nd Renewal Period ________5___________% Maximum Increase
3rd Renewal Period ________8___________% Maximum Increase
4th Renewal Period ________10___________% 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 .