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Get the free HUB Subcontracting Statement - NetSuite

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COLLECTIVE AGREEMENT RESIDENTIAL CARPET, HARDWOOD, LAMINATE AND FLOOR COVERINGSTHIS AGREEMENT effective January 1, 2017, to April 30, 2019. BETWEEN: ARGYLE HARDWOOD & FLOORING SUPPLIES LTD.(the “Employer
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How to fill out hub subcontracting statement

01
Start by gathering all necessary information such as the company name, address, and contact details.
02
Identify whether your company is the prime contractor or the subcontractor.
03
Fill out the header section of the subcontracting statement with the company information.
04
Provide details about the prime contractor, including the company name and address.
05
Specify the subcontractor's information, including the company name and address.
06
Indicate the period covered by the statement and the type of work performed.
07
Break down the total contract amount and the portion that qualifies as Hub subcontracting.
08
Include a detailed list of subcontractors and their respective amounts.
09
Complete any additional sections or requirements as specified by the contracting agency.
10
Review the statement for accuracy and make any necessary corrections before submission.

Who needs hub subcontracting statement?

01
Any company or individual involved in a government contract that falls under the Historically Underutilized Business (Hub) program needs to provide a Hub subcontracting statement.
02
This includes both prime contractors and subcontractors who are participating in the Hub program and have subcontracting opportunities.
03
The purpose of the statement is to demonstrate compliance with Hub subcontracting requirements and ensure fair opportunities for small and disadvantaged businesses.
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The hub subcontracting statement is a document that reports subcontracting opportunities and utilization by Historically Underutilized Businesses (HUBs) on state government contracts.
Prime contractors who have a contract with the state of Texas and subcontractors who are HUBs are required to file the hub subcontracting statement.
The hub subcontracting statement can be filled out online through the Texas Comptroller of Public Accounts website.
The purpose of the hub subcontracting statement is to track and promote the utilization of HUBs in state government contracting.
Information such as subcontracting opportunities, utilization goals, payments to subcontractors, and contact information for HUBs must be reported on the hub subcontracting statement.
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