2-BPM004877_Price_Increase_Percentages.pdf
PDF 114 KB Posted
- Attached to
- Master Agreement AZ|CTR064455
- Contract number
- CTR064455
- Issued by
- Arizona
About this file
This document is a Price Increase Percentages form from the Arizona Department of Transportation (ADOT) Procurement division, associated with Solicitation No. BPM004877. The document is available online at https://appstate.az.gov/ and appears to be part of a procurement process for a state contract.
The form outlines the maximum price increase percentages that an offeror may request during contract renewal periods. Specifically, the offeror can request up to 3% in the first renewal period, 6% in the second, 9% in the third, and 12% in the fourth renewal period. Each percentage increase is calculated against the original contract price, and the State of Arizona does not automatically grant increases. If an increase is requested, the offeror 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.
View the file
Other files
Show all 26
On GovTribe
Work with this file
- Download the original file
- Contacts named in this file
- Similar government files
- Ask GovTribe AI about this file
Text version
Procurement
PRICE INCREASE PERCENTAGES
Solicitation No: BPM004877
Available online at https://appstate.az.gov/
Rev. 12/2020
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 __________3_________% Maximum Increase
2nd Renewal Period ___________6________% Maximum Increase
3rd Renewal Period __________9_________% Maximum Increase
4th Renewal Period __________12_________% 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 .