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LIB-PRI-011 — Are price increases capped at renewal?

Last reviewed Sep 16, 2025 (12 months ago). Reuse count: 6.

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Stale answer — last reviewed 12 months ago

This entry exceeds the 12-month freshness policy. A solutions engineer must either request admin refresh OR proceed with override + reason before reusing it on an RFP.

Answer

Canonical answer maintained by the knowledge admin. Used by AI drafting to seed RFP draft v1.

Yes — annual price increases at renewal are capped at the lesser of 7% or CPI-U + 2% on multi-year contracts. Single-year contracts are subject to current list price at renewal.

Metadata

Category: Pricing
Status: Approved
Freshness: Stale
Freshness policy: 12 months
Last reviewed: Sep 16, 2025
Author: Rachel Murphy
Reuse count: 6
Times drafted from: 1

Used by drafts (1)

RFP questions that drafted from this library entry.

Q-2031-P04Are price increases capped at renewal?

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