Contract 26262991

The State of Texas, through the Teacher Retirement System (Agency 323), awarded a term contract to The Hertz Corporation for vehicle rental services. The contract, identified as 26262991, was awarded on May 6, 2026, with a cumulative contract value of $76.64. The Hertz Corporation, headquartered at 8501 Williams Road, Estero, Florida 33928, serves as the prime contractor for this engagement under National Institute of Governmental Purchasing Code 97514.

The contract represents a single line item purchase order covering one unit of vehicle rental services at a unit price of $76.64. While the contract award date is listed as May 6, 2026, the completion date predates the award at September 15, 2025, suggesting either a data entry discrepancy or retroactive documentation. As a term contract with the Texas Comptroller of Public Accounts' Statewide Procurement Division, this agreement provides the Teacher Retirement System with access to vehicle rental services. The State of Texas is exempt from federal excise taxes and state and local sales taxes under Texas Tax Code, Section 151.309(4), as the procurement is for exclusive state use.