CTR078359 Price increase.pdf

This is an Arizona Department of Transportation (ADOT) Price Increase Percentages attachment that establishes the framework for price adjustments during contract renewal periods. The document provides guidance to offerors regarding the maximum allowable price increases they may request when ADOT exercises renewal options under resultant contracts.

The attachment specifies maximum price increase percentages for four renewal periods: 2% for the 1st Renewal Period, 4% for the 2nd Renewal Period, 6% for the 3rd Renewal Period, and 8% for the 4th Renewal Period. All percentage increases are calculated against the original contract price rather than compounded on previous renewal prices. The document emphasizes that the State of Arizona does not automatically grant price increases and requires offerors to provide documentation of need at the time of renewal if an increase is requested. An example provided demonstrates that a 2% cumulative increase pattern would result in maximum contract prices of $102.00, $104.00, $106.00, and $108.00 respectively on a $100.00 original contract price. If no price increase information is submitted in the designated space, prices remain unchanged from the original contract term. The contract number referenced is CTR078359.