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This document outlines the policy and requirements for utilizing Historically Underutilized Businesses (HUBs) in construction services at the University of Texas M. D. Anderson Cancer Center.
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How to fill out HUB Utilization Policy

01
Gather all necessary documents and information related to HUB utilization.
02
Review the HUB Utilization Policy template to understand its structure and requirements.
03
Fill in the organization’s details, including name, address, and contact information.
04
Clearly outline the goals and objectives of HUB utilization within your organization.
05
Provide a detailed description of how the organization plans to implement HUB utilization efforts.
06
Include specific performance metrics and targets for measuring HUB utilization success.
07
Sign and date the completed document.

Who needs HUB Utilization Policy?

01
Government agencies that aim to promote diversity in contracting.
02
Organizations seeking to comply with state or federal HUB utilization regulations.
03
Contractors and suppliers interested in engaging with HUB-certified businesses.
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People Also Ask about

In general, a hub refers to a hardware device that enables multiple devices or connections to connect to a computer. An example is a USB (Universal Serial Bus) hub, which allows multiple USB devices to connect to one computer, even though that computer may only have a few USB connections.
Historically Underutilized Business (HUB) Program.
NC DOA - Historically Underutilized Businesses (HUB) Established to promote the economic opportunities for historically underutilized businesses in State Government contracting and procurement that will foster their growth and profitability.
A HUB Subcontracting Plan (HSP) is a form completed by prospective prime contractors regarding the planned use of subcontractors, which is required to be submitted with all solicitation responses with an expected value of $100,000 or more for other goods and services paid with non-federal funds, and more than $150,000
HUB Report is an integrated business reporting tool designed for informed decision-making.
A Historically Underutilized Business (HUB) is a corporation, sole proprietorship, partnership or a joint venture formed for the purpose of making a profit in which at least 51 percent ownership of the business is by a woman, minority and/or service-disabled veteran.
A Hub in the digital realm refers to a central location within a software, website, or application where users can access a variety of features, tools, and information.
Historically Underutilized Business (HUB) is a company level diversity certification that is generally issued by a State Government to increase the amount of goods and services acquired by that state from HUBs.

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The HUB Utilization Policy is a framework established to promote the participation of Historically Underutilized Businesses (HUBs) in state procurement and contracting opportunities.
State agencies and entities that engage in procurement or contracting processes are required to file HUB Utilization Policies.
To fill out the HUB Utilization Policy, entities must provide specific details about their HUB outreach efforts, expected HUB participation, and reporting measures during the procurement process.
The purpose of the HUB Utilization Policy is to ensure equitable access to contracting opportunities for HUBs, thereby fostering economic development and diversity in business engagement.
Entities must report information such as the names of HUBs contacted, the nature of the services rendered, the expected percentage of participation, and relevant statistical data on HUB engagement.
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