2-Courtesy Kia ADOT 04082025_ARIZrNA ATTACH MENT PRICE INCREASE PERCENTAGES.pdf
PDF 241 KB Posted
- Attached to
- Master Agreement AZ|CTR077152
- Contract number
- CTR077152
- Issued by
- Arizona
About this file
This document is a Price Increase Percentages Attachment from the Arizona Department of Transportation (ADOT) for a specific solicitation numbered BPM006653. The attachment is designed for an offeror (vendor) to specify maximum price increase percentages for potential contract renewals.
The attachment outlines a pricing structure for four potential renewal periods, with the offeror having indicated maximum percentage increases of 5% for the first renewal, 10% for the second, 15% for the third, and 20% for the fourth renewal period. Each percentage increase is calculated against the original contract price, and ADOT emphasizes that price increases are not automatically granted. To request an increase, the offeror must provide documentation justifying the need at the time of renewal. The document provides an example calculation showing how these incremental increases would be applied to an original contract price, demonstrating that each renewal's percentage is computed from the initial contract amount.
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Text version
ARIZr^NA ATTACH M ENT
PRICE INCREASE PERCENTAGES
— DEPARTMENT OF —
TRANSPORTATION
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.
Original Contract
Price
Maximum
Contract
Price
Renewal
Period
% Maximum
Increase from
Attachment
Maximum
Increase
Allowed
$2.00 $102.00$100.002%1
$104.00$100.00 $4.004%2
$100.00 $6.00 $106.006%3
$108.00$100.00 $8.008%4
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.
Page 1 of 1Available online at https://apostate.az.gov/
Solicitation No: BPM006653
Rev. 11/2024
File details come from the government source that posted it. Updated .