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This document outlines the requirements for submitting a HUB Subcontracting Plan in accordance with Texas government code to promote equal business opportunities for Historically Underutilized Businesses.
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How to fill out hub subcontracting plan hsp

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How to fill out HUB Subcontracting Plan (HSP)

01
Gather required information about the prime contractor and subcontractors.
02
Identify the scope of work and objectives for the subcontracting plan.
03
Determine the types of HUBs (Historically Underutilized Businesses) that will be utilized.
04
Complete the template provided by the contracting agency, filling in necessary details.
05
Clearly define goals for HUB participation as a percentage of the overall contract.
06
Include a justification for HUB selections and proposed subcontracting strategies.
07
Review and ensure compliance with local laws and regulations regarding HUBs.
08
Submit the completed HUB Subcontracting Plan to the appropriate agency for approval.

Who needs HUB Subcontracting Plan (HSP)?

01
Companies that are awarded contracts from state agencies in Texas.
02
Businesses seeking to work with HUBs to meet subcontracting goals.
03
Prime contractors requiring a plan to demonstrate their commitment to HUB participation.
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People Also Ask about

HUB Subcontracting Plan (HSP)
Subcontractor agreements often include clauses related to quality control and compliance with industry standards and regulations. These measures make sure the work meets the project's needs, laws, and safety standards and protect against poor quality work.
Individual Plan: This subcontracting plan covers the entire contract period (including option periods), applies to a specific contract, and has goals that are based on the offeror's planned subcontracting in support of the specific contract.
Again, the components of cost are generally considered to be labor cost, material cost, equipment cost, general project condition cost, and overhead and profit cost. Obtaining data for testing or assessing subcontractor cost requires awareness of where the information is available.
Subcontracting firms might bid for work running school canteens, providing manpower to clean hospitals or even to HVAC systems in large buildings. These sectors are often catered for by larger companies providing subcontracting services to other businesses rather than being lone workers operating on their own.

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The HUB Subcontracting Plan (HSP) is a document that outlines how prime contractors plan to utilize Historically Underutilized Businesses (HUBs) in their contracts. It details the subcontracting goals for participation by HUBs and the strategies to achieve those goals.
Any prime contractor that is awarded a contract valued over a certain threshold and is required to subcontract a portion of that contract is required to file a HUB Subcontracting Plan (HSP). This typically applies to state agencies and certain federal contracts.
To fill out a HUB Subcontracting Plan (HSP), contractors must provide detailed information regarding the project, including their goals for HUB participation, a list of proposed HUB subcontractors, proposed contract amounts for those subcontractors, and a description of the efforts made to solicit HUB participation.
The purpose of the HUB Subcontracting Plan (HSP) is to promote the equitable participation of HUBs in government contracting and ensure that opportunities are afforded to historically underutilized businesses, thereby fostering economic growth and diversity in contracting.
The HUB Subcontracting Plan (HSP) must report information such as the total dollar amount of the contract, the specific HUB goals in percentages or dollar amounts, a list of HUB subcontractors with contract amounts, efforts made to outreach to HUBs, and any challenges faced in achieving these goals.
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