Eastside_Loop_price_increase.docx

DOCX document 22 KB Posted

Attached to
Master Agreement AZ|CTR075175
Contract number
CTR075175
Issued by
Arizona

About this file

The document appears to be a price adjustment proposal for the Eastside Loop contract, specifically covering buildings 1450 and 1470 for contract years 2025-2026. The document seems to be associated with DCS (likely Department of Consolidated Services or a similar state/local government agency), detailing a planned rate increase for facility services.

The contract involves a rate increase for the Eastside Loop facility, which covers 26,624 square feet. The current rate of $2.57 per square foot annually will increase to $2.77 per square foot, representing a 7.95% monthly service cost increase. This includes a 4.53% adjustment for cost of living and minimum wage increases, and a 3.42% increase for higher supply costs driven by inflation and tariffs. Additionally, the emergency hourly rate will increase from $45.00 to $65.00 per hour. This is the first price increase since 2021, spanning a four-year period, with the new rates proposed for implementation in the 2025-2026 contract years.

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Text version

Line

Current Rates

With increase

Increase amount
Net Annual

Eastside Loop 26,624 sq. ft $2.57 per square foot annually $5,710.49 per month $2.77 per square foot annually $6,164.71 per month +$0.20 sq. ft +$454.22 per month

+$5,450.64 annually

Eastside Loop Emergency Rate

$45.00 hourly
$65.00 hourly

+$20.00 hourly

No Price increase since 2021 (4 years).

This proposal outlines the recommended cost adjustment for DCS - Eastside Loop, buildings 1450 and 1470, for contract years 2025–2026. The Eastside Loop is projected to incur a monthly increase of 7.95% in monthly service costs. 4.53% of this adjustment accounts for the rising cost of living and mandated increases in minimum wage. The remaining 3.42% accounts for higher supply costs driven by inflation and recently implemented tariffs.

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