4-Offeror's ability and capacity.docx

DOCX document 68 KB Posted

Attached to
Master Agreement AZ|CTR073852
Contract number
CTR073852
Issued by
Arizona

About this file

This document appears to be an offeror's capability statement for The Hertz Corporation, detailing the company's background and government contracting experience. The document relates to Solicitation Number BPM005905 and highlights Hertz's extensive presence in vehicle rental and leasing, with operations in approximately 150 countries and locations across the United States, Africa, Asia, Australia, Canada, the Caribbean, Europe, Latin America, the Middle East, and New Zealand. Hertz currently holds 32 contracts with various U.S. states, multiple municipal and university contracts, and several federal government contracts.

The document emphasizes Hertz's capability to provide vehicle rental services to government entities, with over 20 years of experience in supporting state and federal government vehicle needs for short- and long-term rentals. As of December 31, 2023, Hertz operated a peak rental fleet of approximately 467,000 vehicles in the Americas and 124,600 vehicles internationally, with a global workforce of over 25,600 employees. The company has made strategic investments in fleet management technology, electric vehicles, and in-vehicle amenities such as Bluetooth, backup cameras, USB charging ports, and satellite radio, positioning themselves as a comprehensive vehicle rental solution for government and other clients.

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Solicitation Number BPM005905

Offeror's ability and capacity:

Introduction and Background:

The Hertz Corporation was founded in 1918. The present Hertz entity was incorporated in Delaware in 1967 and is a successor to corporations that have been engaged in the vehicle rental and leasing business since 1918. Hertz operates its vehicle rental business globally primarily through the Hertz, Dollar and Thrifty brands from company owned, licensee and franchisee locations in approximately 8,500 locations throughout the U.S., Africa, Asia, Australia, Canada, the Caribbean, Europe, Latin America, the Middle East, and New Zealand. In November 2012, Hertz announced the acquisition of Dollar Thrifty Automotive Group, Inc. (NYSE: DTG). As a result of the transaction, Dollar Thrifty has become a wholly owned subsidiary of Hertz. Additionally, The Hertz Corporation operates the Firefly vehicle rental brand and Hertz 24/7 car sharing business in international markets and sells vehicles through Hertz Car Sales. Hert Global is an independent public company and trades on NASDAQ under symbol HTZ.

We have invested significant effort to reinvent and upgrade our technology systems across Hertz Global. Improvements from fleet management systems and connected services will enable our continued leadership and the foundations for the next phase of our mobility vision. We have made an incremental investment in fleet, including EV, providing our customers with in-vehicle with a wide array of amenities like Bluetooth; backup cameras; USB charging ports; satellite radio; and upgraded trim packages. The Hertz network consists of both airport and off airport locations to provide vehicles where customers need them. Hertz operates in approximately 150 countries, during the year ended December 31, 2023, we operated a peak rental fleet in our Americas RAC and International RAC segments of approximately 467,000 vehicles and 124,600 vehicles, respectively.

Hertz has over 25,600 employees, globally. At Hertz we are guided in all that we do by our Vision, Mission and Values. These principles are the key to how we treat our employees, our customers, our business partners, and our shareholders. Our vision is to be the number one trusted provider to connect you globally, wherever you need to be. Our mission is to provide caring employees around the world, always creating a better way. We are trusted to get our customers where they need to be. By driving growth, we drive careers.

The Hertz Corporation have 32 contracts with States in the United States, as well as multiple contracts with municipalities/universities. Hertz Corporation also hold multiple contracts with the Federal Government to support their need. Hertz has more than 20 years of experience working with State and Federal Government needs and have provided vehicles for short- and long-term rentals use.

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File details come from the government source that posted it. Updated .