Standard Overnight

The University of Texas System (Contracting Organization 720) awarded a term contract to FedEx Corporate Services, Inc. for small package delivery services. The contract, designated as Term 26255811, was executed on April 29, 2026, with a completion date of November 27, 2026. The contract value totals $61.61, representing a single unit of Standard Overnight shipping services procured under National Institute of Governmental Purchasing (NIGP) Code 96224. FedEx Corporate Services, Inc., headquartered at 900 7th Street NW, Suite 550, Washington, District of Columbia 20001, serves as the prime contractor for this procurement.

The purchase order was issued by the University of Texas System through the Texas Comptroller of Public Accounts Statewide Procurement Division and benefits from Texas tax exemption provisions under Texas Tax Code Section 151.309(4). As a State of Texas political subdivision procurement, the order qualifies for Federal Excise Tax exemption. The service delivery location was not explicitly specified in the available documentation; however, the contracting activity is conducted in Texas. This term contract establishes the pricing and service parameters for Standard Overnight shipping services, with the initial purchase order exercising the contract for the single unit at the negotiated rate of $61.61 per unit.