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This document outlines the policies and procedures related to the utilization of Historically Underutilized Businesses (HUBs) in contracts for architectural and engineering professional services managed
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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
Review the requirements for the HUB Subcontracting Plan (HSP) based on the specific solicitation.
02
Identify all subcontracting opportunities that will be used in the contract.
03
Determine which HUB (Historically Underutilized Business) companies can perform the identified tasks.
04
Establish goals for HUB participation based on the total contract value and procurement objectives.
05
Detail the methods for soliciting HUB vendors for the subcontracting opportunities outlined in the plan.
06
Include a description of the monitoring and reporting processes to track the performance of HUB subcontractors.
07
Obtain necessary signatures from all parties involved to validate the plan.
08
Submit the completed HSP with your proposal by the specified deadline.

Who needs hub subcontracting plan hsp?

01
Contractors or companies bidding on government contracts that require a HUB Subcontracting Plan (HSP).
02
Businesses looking to comply with federal or state regulations promoting the use of HUBs.
03
Organizations aiming to increase diversity in their procurement process.
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The HUB Subcontracting Plan (HSP) is a document that outlines a prime contractor's plan for utilizing Historically Underutilized Businesses (HUBs) in subcontracting efforts for government contracts.
Prime contractors who are awarded contracts that exceed a certain dollar threshold and who are required to submit subcontracting plans are required to file an HSP.
To fill out an HSP, contractors should provide information on the projected subcontracting opportunities, specific HUBs they intend to engage, the estimated dollar amounts to be subcontracted, and the methods they will use to locate and assist HUBs.
The purpose of the HSP is to promote the participation of HUBs in government contracts, ensuring that a fair portion of contract work is distributed to these businesses.
The HSP must report information regarding the types of work to be subcontracted, the dollar value of anticipated HUB participation, and the contractor's outreach efforts to recruit HUBs.
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HUB subcontracting plan historically underutilized businesses UT System Texas HUB policy architectural services engineering services subcontractor reporting good faith effort Texas Government Code procurement opportunities

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