5-Price Increase Percentages.pdf

This document is an Arizona Department of Transportation (ADOT) Price Increase Percentages attachment for a state contract, with the solicitation number BPM006656. The document provides a template for vendors to specify their proposed maximum price increase percentages across multiple contract renewal periods.

The attachment outlines a pricing structure for contract renewals, with maximum percentage increases defined for four renewal periods: 4% for the first renewal, 6% for the second and third renewals, and 8% for the fourth renewal. The document emphasizes that each renewal's increase will be calculated against the original contract price, and that the State of Arizona does not automatically grant increases. Vendors must provide documentation of need at the time of renewal. An example table illustrates how these percentage increases would be applied, showing how the original contract price of $100.00 could incrementally rise to $108.00 over four renewal periods.