Current through Reg. 49, No. 50; December 13, 2024
Section 701.23 - Historically Underutilized Businesses Policy for Grant RecipientsIt is the policy of the Institute to encourage the use of historically underutilized businesses (HUBs) by Grant Recipients to promote full and equal business opportunities for all businesses.
(1) A Grant Recipient is expected to undertake good faith efforts to utilize HUBs in subcontracts for construction, commodities purchases, and other services, including professional and consulting services, paid for with Grant Award funds.(2) A Grant Recipient must report to the Institute at least annually regarding efforts undertaken by the Grant Recipient to utilize HUBs in the performance of the Grant Contract by completing the Historically Underutilized Business and Texas Supplier form submitted as part of the annual Grant Progress Report.25 Tex. Admin. Code § 701.23
The provisions of this §701.23 adopted to be effective March 2, 2014, 39 TexReg 1380