Vehicle Rental Services

The Teacher Retirement System of Texas (Agency 323) issued a purchase order to The Hertz Corporation for vehicle rental services under Term Contract 975-C1. The award was issued on November 12, 2025, with a contract value of $76.64 for a single unit of commodity code 97514. The Hertz Corporation, headquartered at 8501 Williams Road, Estero, Florida, serves as the prime contractor for this procurement through the Texas Comptroller of Public Accounts Statewide Procurement Division. The state claimed exemption from federal excise taxes and all state and local sales taxes under Texas Tax Code Section 151.309(4).

The stated completion date of September 15, 2025, predates the award date of November 12, 2025, suggesting potential discrepancies in the contract documentation or administrative records. The purchase order indicates delivery to the United States without specification of a particular county or detailed place of performance. As a term contract vehicle rental arrangement, this procurement establishes an ongoing framework agreement between the Teacher Retirement System and The Hertz Corporation for vehicle rental services, with the specific purchase order representing an initial transaction under the broader contract terms.