Contract 26261118

The Hertz Corporation, based in Estero, Florida, was awarded a term contract by Texas A&M University (Agency 711) for Vehicle Rental Services on May 6, 2026. The contract, identified as 975-C1, carries a cumulative value of $114.96 and encompasses one line item for commodity "D" under National Institute of Governmental Purchasing Code 97514, priced at $114.96 per unit. The purchase order, issued by the State of Texas through the Texas Comptroller of Public Accounts - Statewide Procurement Division, is designated for delivery to the United States and qualifies for Texas tax exemption under Texas Tax Code Section 151.309(4).

The transaction represents an offline sale purchase order (PO No. 26261118) subject to the standard terms and conditions applicable to statewide procurement contracts. The order was placed on May 6, 2026, with no option periods, renewals, or set-asides specified. The contract documentation does not specify a distinct completion date, and the modest contract value indicates this represents a single transaction or initial order under the broader term contract framework rather than a comprehensive service delivery engagement. As a tax-exempt procurement by a state political subdivision, the order is exempt from federal excise taxes and state and city sales taxes.