Contract 26262840

The State of Texas, through Texas A&M University - 711, awarded a term contract to The Hertz Corporation for Vehicle Rental Services. The contract was awarded on May 6, 2026, with a cumulative value of $36.29. The prime contractor, The Hertz Corporation, is located at 8501 Williams Road, Estero, Florida. The specific line item procured under this contract consists of one unit of commodity "B" at a unit price of $36.29, classified under National Institute of Governmental Purchasing (NIGP) Code 97514. The purchase order (No. 26262840) is managed by the Texas Comptroller of Public Accounts - Statewide Procurement Division and is subject to Texas state and local sales tax exemption provisions.

The contract period spans from the award date of May 6, 2026, through the completion date of September 15, 2025, indicating a retroactive or administrative effective date structure. The State of Texas claims exemption from federal excise taxes and sales taxes under Texas Tax Code, Section 151.309(4), as the property is being acquired for exclusive use by the state. This procurement represents a minimal-value transaction typical of administrative purchasing activity within the university system's vehicle rental needs.