Contract 26263058

Texas A & M University - 711, a contracting organization within the State of Texas, awarded a term contract to The Hertz Corporation for vehicle rental services under Contract 975-C1. The award was executed on May 6, 2026, with a cumulative contract value of $145.16. The Hertz Corporation, headquartered at 8501 Williams Road, Estero, Florida 33928, serves as the prime contractor for this procurement. The service delivery is designated for use by the State of Texas under National Institute of Governmental Purchasing Code 97514, with the property secured for the exclusive use of a Texas state entity, thereby qualifying for exemption from federal excise taxes and state and city sales taxes under Texas Tax Code Section 151.309(4).

The specific line item procured under this term contract consists of one unit designated as "B" at a unit price of $145.16. The stated completion date of September 15, 2025, predates the award date of May 6, 2026, which may indicate either a data entry discrepancy or a retroactive contract formalization. The contract is structured as a term agreement, providing the State with a defined framework for vehicle rental services through The Hertz Corporation during the contract period.