CTR078523 Price Increase Percentages.pdf

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Attached to
AZ|CTR078523
Contract number
CTR078523
Issued by
Arizona

About this file

This document is a Price Increase Percentages form from the Arizona Department of Transportation (ADOT), associated with Contract No. CTR078523, which outlines the potential maximum price increase percentages for contract renewal periods.

The contract allows for up to four renewal periods with progressively increasing maximum price adjustments: 5.0% for the first renewal, 10.0% for the second, 15.0% for the third, and 20.0% for the fourth renewal. Each percentage increase is calculated against the original contract price, and the State of Arizona does not automatically grant increases. Contractors must provide documentation supporting the need for a price increase at the time of renewal. The document includes an example calculation to demonstrate how the percentage increases would be applied and emphasizes that prices will remain unchanged if no increase information is provided.

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PRICE INCREASE PERCENTAGES

Contract No: CTR078523 Available online at https://appstate.az.gov/

Rev. 03/2025

The offeror should use the space below to identify the maximum price increase percentage that they may want to request at the time of renewal if ADOT exercises its option per the applicable provisions under any resultant contract(s).

1st Renewal Period ___________________% Maximum Increase

2nd Renewal Period ___________________% Maximum Increase

3rd Renewal Period ___________________% Maximum Increase

4th Renewal Period ___________________% Maximum Increase

The offeror is cautioned that each renewal period’s increase percentage shall be computed against the ORIGINAL contract price. If information is not provided in the space above, prices shall remain the same as the original contract term. Please see the following example for further clarification.

Example: If the offeror anticipates requesting a 2% increase at each renewal period per Special Terms and Conditions, they should enter 2%, 4%, 6%, and 8% in the attachment.

Each percentage increase is calculated using the original contract price. See example in table below.

Renewal Period

% Maximum Increase from Attachment

Original Contract

Price

Maximum Increase Allowed

Maximum Contract

Price 1 2% $100.00 $2.00 $102.00 2 4% $100.00 $4.00 $104.00 3 6% $100.00 $6.00 $106.00 4 8% $100.00 $8.00 $108.00

Furthermore, the offeror is advised that the State of Arizona does not automatically grant any increase when renewing the contract. If an increase is requested, documentation of need must be provided at the time of renewal.

5.0%

10.0%

15.0%

20.0% https://appstate.az.gov/

File details come from the government source that posted it. Updated .