Contract 26261829

Texas A&M International University (Agency 761), a contracting organization within the State of Texas, awarded a term contract to The Hertz Corporation for Vehicle Rental Services. The contract was executed on May 6, 2026, with a total cumulative value of $36.00. The single line item procured consists of one unit of commodity "A" at a unit price of $36.29 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 procurement.

The contract designation as a term contract indicates an ongoing procurement relationship rather than a one-time transaction. The State of Texas asserts exemption from Federal Excise Taxes and state and local sales taxes under Texas Tax Code Section 151.309(4), as the property is designated for exclusive use by the State of Texas or a Texas political subdivision. While the purchase order document references a nominal contract value, the minimal financial scope and the term contract classification suggest this may represent either an initial order under a broader blanket purchase agreement or a data entry anomaly given the completion date predates the award date in the record.