2-PRICE INCREASE.pdf

This document is an Arizona Department of Transportation (ADOT) attachment detailing price increase percentages for contract renewals. The document is part of Solicitation No. BPM006653 and is available online at https://appsstate.az.gov/.

The attachment outlines a structured pricing mechanism for contract renewals, allowing vendors to request price increases over four renewal periods: 2% in the first period, 3% in the second, 4% in the third, and 5% in the fourth. Each increase is calculated against the original contract price, with an example demonstrating how the maximum contract price would incrementally rise. Importantly, the State of Arizona does not automatically grant increases, and vendors must provide documentation of need at the time of renewal. The document emphasizes that if no increase information is provided, prices will remain unchanged from the original contract term.