2-BPM006653_Price_Increase_Percentages.pdf

This document is an Attachment for Price Increase Percentages from the Arizona Department of Transportation (ADOT) for a solicitation numbered BPM006653. The attachment is designed for potential offerors to specify their maximum price increase percentages for contract renewal periods.

The document outlines a pricing structure with four potential renewal periods, each with progressively increasing maximum percentage increases: 0% for the 1st renewal, 2% for the 2nd renewal, 4% for the 3rd renewal, and 6% for the 4th renewal. Each percentage increase would be calculated against the original contract price, and the State of Arizona does not automatically grant increases upon renewal. If an increase is requested, documentation of need must be provided at the time of renewal. The attachment includes an example table demonstrating how these percentage increases would be applied to an original contract price of $100.00, showing incremental maximum contract prices across the renewal periods.