Vehicle Rental Services

The Texas Department of Banking (Agency 451) awarded a term contract for vehicle rental services to The Hertz Corporation, headquartered at 8501 Williams Road, Estero, Florida. The contract, identified as Term 26206072, was executed through the Texas Comptroller of Public Accounts' Statewide Procurement Division via Purchase Order No. 26206072. The contract value is $191.60 for a single unit purchase under National Institute of Governmental Purchasing Code 97514. The award date was November 30, 2025, with a stated completion date of September 15, 2025. The procurement is subject to Texas sales tax exemption under Texas Tax Code Section 151.309(4) and Federal Excise Tax exemption, as the acquisition is for exclusive state use.

The purchase order encompasses vehicle rental services classified under commodity code "C" for delivery to the United States. While the modest contract value of $191.60 suggests this may represent a partial or administrative transaction within a broader term contract framework, the specific scope of vehicle rental services to be provided by Hertz is not detailed in the available documentation. The transaction reflects the state's utilization of statewide procurement mechanisms to procure rental vehicle services through an established term contract vehicle with a national commercial provider.