Contract 26263391

The Teacher Retirement System of Texas (Agency 323) awarded a term contract to The Hertz Corporation for vehicle rental services. The contract was executed on May 6, 2026, with a cumulative value of $642.12. The Hertz Corporation, headquartered at 8501 Williams Road, Estero, Florida, serves as the prime contractor under Contract 975-C1|11319385685|26263391. The purchase order was processed through the Texas Comptroller of Public Accounts' Statewide Procurement Division and is subject to Texas sales tax exemption under Texas Tax Code, Section 151.309(4).

The contract covers a single line item classified under National Institute of Governmental Purchasing Code 97514, procuring one unit of vehicle rental services at a unit price of $642.12. The purchase order specifies shipment to the United States and was issued as an offline sale. The stated completion date is September 15, 2025, though this predates the award date of May 6, 2026, suggesting a potential data discrepancy in the contract record. The Teacher Retirement System utilized this procurement mechanism to secure vehicle rental services on a tax-exempt basis for exclusive state use.