M0064 - Passenger Vehicle and Box Truck Rentals

The New Jersey Division of Purchase and Property has awarded a National Cooperative Vehicle Rental Services contract to The Hertz Corporation, effective January 1, 2025, with a completion date of August 1, 2026. The contract, identified as NATCOOP/NJCOOP 26-GNSV2-117114, is part of the NASPO ValuePoint Cooperative Purchasing Program and enables state agencies, political subdivisions, counties, municipalities, school districts, and other authorized entities to rent passenger vehicles and box trucks nationwide.

The contract provides comprehensive vehicle rental services across multiple vehicle classes, including sedans, SUVs, passenger vans, pickup trucks, electric vehicles, and hybrids, with daily, weekly, and monthly rental options. Rental rates are competitively structured, with pricing available through NJSTART and the NASPO ValuePoint website. The agreement includes nationwide rental locations, unlimited mileage, loss damage waivers, and a 1% Procurement Efficiency Program Fee. The initial contract term is 19 months, with potential extensions up to a total of 5 years, offering flexible rental reservations through online, telephone, and branch channels.