Contract 26262397

The State of Texas awarded a term contract for vehicle rental services to The Hertz Corporation, headquartered in Estero, Florida. Texas A & M University (Contracting Organization 711) serves as the procuring agency for this agreement. The contract, designated 975-C1, was awarded on May 6, 2026, with an initial purchase order (PO No. 26262397) issued under the term contract structure. The line item procured consists of one unit of commodity "B" under National Institute of Governmental Purchasing (NIGP) Code 97514, valued at $36.29 per unit for a total order value of $36.29.

The purchase order reflects a single transaction executed under the statewide term contract framework managed through the Texas Comptroller of Public Accounts - Statewide Procurement Division. The State of Texas has claimed exemption from federal excise taxes and sales taxes under Texas Tax Code Section 151.309(4), as the services are for exclusive use by a Texas political subdivision. While the contract award information indicates a completion date of September 15, 2025, the purchase order issuance date of May 6, 2026 creates a chronological inconsistency in the provided documentation. The cumulative contract value is documented as thirty-six dollars, consistent with the single line item transaction value.