Contract 26262087

The State of Texas, through the Texas A&M Engineering Extension Service (Agency 716), awarded a Term contract to The Hertz Corporation for Vehicle Rental Services. The contract, identified as 975-C1, was executed on May 6, 2026, with a cumulative contract value of $108.00. The Hertz Corporation, headquartered at 8501 Williams Road, Estero, Florida 33928, serves as the prime contractor for this procurement. The specific line item procured under National Institute of Governmental Purchasing (NIGP) Code 97514 consisted of one unit of commodity "B" at a unit price of $108.87.

The contract term period extends from the award date of May 6, 2026, through the completion date of September 15, 2025, indicating a retroactive or administrative contract structure. As a statewide procurement issued through the Texas Comptroller of Public Accounts' Statewide Procurement Division, the contract benefits from Texas Tax Code Section 151.309(4) exemptions, thereby relieving the State of Texas from Federal Excise Taxes and sales tax obligations. The purchase order number 26262087 was generated to formalize this Vehicle Rental Services procurement for use by the State of Texas or its political subdivisions.