1-[Vehicle_Inspection_Services]_BPM006476_Price_Increase_Percentages.docx.pdf
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- Attached to
- Master Agreement AZ|CTR077354
- Contract number
- CTR077354
- Issued by
- Arizona
About this file
This document is a Price Increase Percentages form for a solicitation (No. BPM006476) issued by the Arizona Department of Transportation (ADOT). The document is available online at https://appstate.az.gov/ and is designed for potential contractors to specify maximum price increase percentages for contract renewal periods.
The form allows offerors to propose incremental price increases for up to four renewal periods, with the stipulation that each increase is calculated against the original contract price. In the example provided, the offeror has proposed a graduated increase of 2%, 4%, 6%, and 8% for successive renewal periods. The document emphasizes that the State of Arizona does not automatically grant price increases and requires documentation of need at the time of renewal. Contractors must carefully specify their desired maximum percentage increases, understanding that if no information is provided, prices will remain unchanged from the original contract term.
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Text version
PRICE INCREASE PERCENTAGES
Solicitation No: BPM006476 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.
Docusign Envelope ID: 843C1FCF-661F-4295-A358-27A3B9B1E49C https://appstate.az.gov/
| 2025-02-06T09:55:00-0800 | |
| Digitally verifiable PDF exported from www.docusign.com |
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