2-PRICE INCREASE PERCENTAGE 4.16.25.pdf

This document is a Price Increase Percentages attachment from the Arizona Department of Transportation (ADOT) for a solicitation numbered BPM006653. The attachment is designed for potential offerors to specify maximum price increase percentages they may request during contract renewal periods.

The document outlines a structured pricing renewal approach with four consecutive renewal periods, allowing maximum percentage increases of 2%, 4%, 6%, and 8% respectively, calculated against the original contract price. Each increase requires documentation of need, and the State of Arizona does not automatically grant price increases upon renewal. An example table demonstrates how these incremental increases would be applied, showing how an initial $100.00 contract price could potentially rise to $108.00 over four renewal periods. The attachment is available online at https://zpspstate.az.gov/ and is marked with a revision date of 11/2024.