1-READING TRUCK - BPM006654_Price_Increase_Percentages.pdf

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Attached to
Master Agreement AZ|CTR077357
Contract number
CTR077357
Issued by
Arizona

About this file

The document is a Price Increase Percentages Attachment for Solicitation No. BPM006654 issued by the Arizona Department of Transportation (ADOT). It is available online through the Arizona state procurement website and appears to be part of a contract solicitation process.

The attachment allows the offeror to specify maximum percentage increases for up to four potential contract renewal periods, with each increase calculated against the original contract price. In this specific document, the proposed maximum increases are 3% for the first renewal, 6% for the second, 9% for the third, and 12% for the fourth renewal period. The document explicitly notes that the State of Arizona does not automatically grant price increases and that any requested increase must be accompanied by documentation demonstrating the need at the time of renewal. The example provided illustrates how these percentage increases would be applied incrementally to an original contract price, maintaining transparency in potential future pricing adjustments.

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Text version

ATTACHMENT

PRICE INCREASE PERCENTAGES

Solicitation No: BPM006654 Available online at https://appstate.az.gov/

Rev. 11/2024

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

2nd Renewal Period ___________________% Maximum Increase

3rd Renewal Period ___________________% Maximum Increase

4th 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 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.

https://appstate.az.gov/

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