2-price increase percentages - signed.pdf

This document is an Attachment for Price Increase Percentages from the Arizona Department of Transportation (ADOT), specifically designed for contract renewal pricing. The solicitation number is BPMN006653, and the document is available online at https://appstate.az.gov/.

The attachment outlines the maximum percentage increases allowed for contract renewals across four consecutive renewal periods: 3% for the first renewal, 6% for the second renewal, 7% for the third renewal, and 8% for the fourth renewal. Each percentage increase is to be calculated against the original contract price, with a clear example demonstrating how the incremental increases would be applied. The document emphasizes that the State of Arizona does not automatically grant price increases, and contractors must provide documentation of need at the time of renewal. The offeror is required to specify the maximum price increase percentage they may seek during each renewal period, with the understanding that prices will remain unchanged if no information is provided.