Vehicle Rental Services

The Texas Department of Banking issued a term contract award to The Hertz Corporation for vehicle rental services under Contract 975-C1. The award was made on November 26, 2025, with a cumulative contract value of $38.32. The purchase order (PO No. 26206605) specified a single unit of commodity item C at a unit price of $38.32, classified under National Institute of Governmental Purchasing (NIGP) Code 97514. The Hertz Corporation, headquartered at 8501 Williams Road, Estero, Florida 33928, serves as the prime contractor for this vehicle rental services engagement with the State of Texas.

The contract represents a term arrangement procured through the Texas Comptroller of Public Accounts' Statewide Procurement Division. The stated completion date of September 15, 2025, predates the award date of November 26, 2025, suggesting a potential administrative notation or data entry discrepancy. The State of Texas claims exemption from federal excise taxes and state and local sales taxes under Texas Tax Code Section 151.309(4), with shipment designated to the United States. The minimal contract value of $38.32 indicates this award documents a single, limited procurement transaction rather than a comprehensive vehicle rental services agreement.