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CHAPTER III

18. HISTORICALLY UNDERUTILIZED BUSINESSES

18.1 Purpose.

The Texas State University System Board of Regents promotes full and equal opportunity for all businesses to provide the goods and services needed to support the mission, administrative, and logistical operations of System Components. The Board commits its Components to a good faith effort to increase purchases and contract awards with Historically Underutilized Businesses (HUB) firms through race, ethnic, and gender neutral means and consistent with the state’s goals for HUB participation and overall social advancement and economic prosperity.

18.2 Scope.

This policy applies to acquisition of commodities, professional and other services, and construction by System Administration and Component Institutions, including auxiliary enterprises, regardless of funding source (treasury or non-treasury funds).

18.3 Incorporation by Reference.

The Historically Underutilized Business Program Rules promulgated by the Comptroller of Public Accounts are adopted into and shall become part of these Rules and Regulations.