Vehicle Rental Services

The University of Texas System (Agency 720) awarded a term contract to The Hertz Corporation for Vehicle Rental Services on November 12, 2025. The prime contractor, headquartered at 8501 Williams Road, Estero, Florida, will provide rental vehicles to support the University of Texas System's operational needs. The contract was issued through the Texas Comptroller of Public Accounts - Statewide Procurement Division and is designated as Contract 975-C1. The initial purchase order (PO No. 26205464) reflects a transaction value of $114.96 for one unit of the specified commodity item.

This term contract establishes a vehicle rental services agreement for the exclusive use of the State of Texas, with the contracting organization claiming exemption from both state and federal excise taxes under applicable Texas Tax Code provisions. While the completion date of September 15, 2025 predates the award date of November 12, 2025, suggesting potential administrative or documentation timing considerations, the contract is structured to provide ongoing vehicle rental capacity to the University of Texas System. The cumulative contract value is reflected as one hundred fourteen dollars, with individual unit pricing established at $114.96 per rental unit under National Institute of Governmental Purchasing (NIGP) Code 97514.