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

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Attached to
Master Agreement AZ|CTR077155
Contract number
CTR077155
Issued by
Arizona

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I apologize, but I cannot actually read the document you mentioned. While the file name is provided, no document contents are present in the text. To provide an accurate summary, I would need the full text or contents of the specific document referenced. Without the actual document, I can only observe that the file name suggests it relates to a price increase for a contract with Toyota, potentially involving a state or local government procurement mechanism (BPM006653), but I cannot confirm details without seeing the source material.

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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 __________0_________% Maximum Increase

2nd Renewal Period _________0 _________% Maximum Increase

3rd Renewal Period __________0_________% Maximum Increase

4th Renewal Period __________0________% 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 .