2-[Price Increase] BPM006653 P E Dodge.docx

DOCX document 1 MB Posted

Attached to
Master Agreement AZ|CTR077158
Contract number
CTR077158
Issued by
Arizona

About this file

This document is a price increase attachment for a contract (Solicitation No: BPM006653) issued by the Arizona Department of Transportation (ADOT), which outlines the potential maximum percentage increases for contract renewal periods. The document appears to be a standard pricing mechanism for a state-level procurement vehicle.

The attachment specifies the maximum allowable price increases for four potential renewal periods, with percentages ranging from 2% to 5% for each successive renewal period. The key stipulation is that each percentage increase is calculated against the original contract price, and the State of Arizona does not automatically grant increases. Vendors must provide documentation justifying any requested price increase at the time of renewal. The contract includes a specific methodology for calculating potential price adjustments, with a clear example demonstrating how the incremental increases would be applied across successive renewal periods.

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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 __________2________% Maximum Increase

2nd Renewal Period _________3 ________% Maximum Increase

3rd Renewal Period ___________4 ______% Maximum Increase

4th Renewal Period __________5 ________% 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 .