Contract 26263079

The State of Texas, through the Texas A&M Transportation Institute (Organization 727), awarded a term contract to The Hertz Corporation for vehicle rental services. The contract was executed on May 6, 2026, with an award value of $114.96 for a single line item (NIGP Code 97514, Commodity D). The Hertz Corporation, headquartered at 8501 Williams Road, Estero, Florida, serves as the prime contractor under Contract 975-C1. The purchase order (PO No. 26263079) was issued under the authority of the Texas Comptroller of Public Accounts Statewide Procurement Division and is exempt from state and city sales taxes pursuant to Texas Tax Code Section 151.309(4).

The contract specifies delivery to the United States with performance under term contract structure. The nominal contract value of $114.96 reflects a single unit purchase at a unit price of $114.96. The stated completion date of September 15, 2025, predates the award date of May 6, 2026, indicating a potential data discrepancy in the source materials. The State of Texas maintains exemption from all Federal Excise Taxes except as otherwise specified in the underlying contract terms and conditions. The specific commodity description designated as "D" under the vehicle rental services classification remains subject to the detailed terms contained within Contract 975-C1.