2-BPM006653_Price_Increase_Percentages.docx
DOCX document 1 MB Posted
- Attached to
- Master Agreement AZ|CTR077164
- Contract number
- CTR077164
- Issued by
- Arizona
About this file
This document is an Attachment Price Increase Percentages form for a contract issued by the Arizona Department of Transportation (ADOT), specifically related to Solicitation No. BPM006653. The document provides guidelines for potential price increases during contract renewal periods, with the form designed for an offeror to specify maximum percentage increases for each renewal term.
The contract allows for four potential renewal periods with escalating maximum price increase percentages: 3% for the first renewal, 6% for the second renewal, 9% for the third renewal, and 12% for the fourth renewal. Each percentage increase is calculated against the original contract price, and the State of Arizona does not automatically grant increases. The offeror must provide documentation justifying any requested price increase at the time of renewal. The document emphasizes that if no increase percentage is specified, prices will remain unchanged from the original contract term.
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Text version
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 __________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.
| Solicitation No: BPM006653 |
| Available online at |
https://appstate.az.gov/
Rev. 11/2024 image1.jpeg
File details come from the government source that posted it. Updated .