Get the free HUB SUBCONTRACTING PLAN (HSP) QUICK CHECKLIST While this HSP QuicK Checklist is bein...

HUB SUBCONTRACTING PLAN (HSP) QUICK CHECKLIST While this HSP Quick Checklist is being provided to merely assist you in readily identifying the sections of the HSP form that you will need to complete,

How to fill out hub subcontracting plan hsp

How to fill out a Hub Subcontracting Plan (HSP):

1. Obtain the necessary information: Before filling out the HSP, gather all the required information such as the prime contractor's name, address, contact information, and the contract number.
2. Understand the requirements: Familiarize yourself with the specific guidelines and requirements for the HSP. Review the Federal Acquisition Regulation (FAR) Section 19.7 for detailed instructions.
3. Determine the subcontracting goals: Identify the contract's required subcontracting goals. These goals are typically expressed as a percentage of the total contract value that should be subcontracted to Historically Underutilized Business Zone (HUBZone) small businesses.
4. Identify potential subcontractors: Research and identify potential HUBZone small businesses that can fulfill the subcontracting needs of the contract. Ensure that these subcontractors are certified as HUBZone businesses through the Small Business Administration (SBA).
5. Develop a subcontracting plan: Create a detailed plan outlining how the prime contractor intends to meet the required subcontracting goals. The plan should include specific subcontracting opportunities, utilization of eligible HUBZone small businesses, and a timeline for subcontracting activities.
6. Include required information: In the HSP, provide the prime contractor's name, address, contact information, and other identifying details. Specify the contract number and provide a brief description of the project. Outline the overall subcontracting goals and describe the types of products or services that will be subcontracted.
7. HUBZone small business selection: Clearly state how the prime contractor will identify and select HUBZone small businesses for subcontracting opportunities. Explain the methods and sources you will use to solicit interested HUBZone businesses.
8. Reporting and monitoring: Describe the procedures and protocols for monitoring subcontracting activities. Explain how the prime contractor will track and report progress towards meeting the subcontracting goals. Outline any reporting requirements specified in the contract.
9. Obtain necessary signatures: Ensure that the HSP is signed by an authorized representative of the prime contractor. Additional signatures from the Small Business Liaison Officer or other designated personnel may also be required.

Who needs a Hub Subcontracting Plan (HSP)?

1. Prime contractors applying for federal contracts with subcontracting possibilities and are involved in industries covered by the HUBZone program.
2. Companies seeking to fulfill their subcontracting obligations through partnerships with qualified HUBZone small businesses.
3. Small businesses certified as HUBZone entities, as they can benefit from being subcontractors under the program.

Note: It is recommended to consult with the appropriate contracting officer and familiarize yourself with the specific requirements of the contract and the HUBZone program before completing the HSP.

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What is hub subcontracting plan hsp?

Hub Subcontracting Plan (HSP) is a plan outlining how a Historically Underutilized Business (HUB) will subcontract a portion of the work on a contract to other HUBs.

Who is required to file hub subcontracting plan hsp?

Any company that has been awarded a contract and has HUB participation goals to meet.

How to fill out hub subcontracting plan hsp?

The HUB subcontracting plan should include details about the percentage of work to be subcontracted, the HUB subcontractors to be used, and the timeline for completion.

What is the purpose of hub subcontracting plan hsp?

The purpose of the HSP is to promote economic opportunities for HUBs and ensure compliance with HUB participation goals.

What information must be reported on hub subcontracting plan hsp?

The plan should include the names of the HUB subcontractors, the amount of work to be subcontracted to each, and the expected start and end dates of the subcontract.