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Get the free HUB Subcontracting Plan (HSP) - Texas Comptroller

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SUBCONTRACT AGREEMENT Subcontract Number: Effective Date:XXXXSubcontractor:XXXXXXXXXXXXPerformance Period: Maximum Limiting Amount (MLA)XXXXSubcontractor Address: Subcontractor City, State, ZIP Subcontractor Primary Contact
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How to fill out hub subcontracting plan hsp

01
Read through the hub subcontracting plan (HSP) template provided by the contracting agency.
02
Identify the subcontracting goals and requirements specified in the contract.
03
List out the subcontractors that will be utilized for the project and their designated responsibilities.
04
Include information on the percentage of work that will be subcontracted out and the total value of the subcontracted work.
05
Outline the steps that will be taken to ensure compliance with the subcontracting plan throughout the duration of the project.
06
Submit the completed HSP to the contracting agency for approval.

Who needs hub subcontracting plan hsp?

01
Any company or organization that has been awarded a government contract which includes subcontracting goals and requirements will need to fill out a hub subcontracting plan (HSP). This is necessary to ensure compliance with the terms of the contract and to outline how subcontracting will be handled throughout the project.
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The Hub Subcontracting Plan (HSP) is a document outlining how prime contractors will ensure that Historically Underutilized Businesses (HUBs) are given the opportunity to participate in subcontracting opportunities.
Prime contractors who have been awarded a contract by a government agency and are subject to the HUB program requirements are required to file a Hub Subcontracting Plan (HSP).
Prime contractors must fill out the Hub Subcontracting Plan (HSP) by detailing the subcontracting opportunities they will provide to HUBs, including goals, methods, and timelines.
The purpose of the Hub Subcontracting Plan (HSP) is to promote the participation of Historically Underutilized Businesses (HUBs) in government contracts and ensure that prime contractors are meeting their subcontracting goals.
The Hub Subcontracting Plan (HSP) must report on subcontracting opportunities provided to HUBs, including goals, methods of solicitation, and the percentage of the contract value allocated to HUBs.
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