Texas Administrative Code (Last Updated: March 27,2024) |
TITLE 34. PUBLIC FINANCE |
PART 1. COMPTROLLER OF PUBLIC ACCOUNTS |
CHAPTER 20. STATEWIDE PROCUREMENT AND SUPPORT SERVICES |
SUBCHAPTER D. SOCIO-ECONOMIC PROGRAM |
DIVISION 1. HISTORICALLY UNDERUTILIZED BUSINESSES |
SECTION 20.281. Policy and Purpose
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It is the policy of the comptroller to encourage the use of historically underutilized businesses (HUBs) by state agencies and to assist agencies in the implementation of this policy through race, ethnic, and gender-neutral means. The purpose of the HUB program is to promote full and equal business opportunities for all businesses in an effort to remedy disparity in state procurement and contracting in accordance with the HUB utilization goals specified in the State of Texas Disparity Study.
Source Note: The provisions of this §20.281 adopted to be effective January 24, 2017, 42 TexReg 235; amended to be effective August 9, 2023, 48 TexReg 4268