2-BPM006653 PRICE INCREASE PRECENTAGES.pdf

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

The attachment allows offerors to indicate their maximum percentage increases for up to four renewal periods, with a cautionary note that each renewal's increase will be calculated against the original contract price. An example table demonstrates how a hypothetical 2%, 4%, 6%, and 8% increase would be applied sequentially, showing the progression from an original $100.00 contract price to potentially $108.00 after four renewals. ADOT explicitly states that increases are not automatically granted and that contractors must provide documentation of need at the time of renewal. The document is available online and was revised on 11/7/2024.