The Statewide Procurement Division (SPD) Historically Underutilized Business (HUB) Program has been tasked with the reporting of expenditures made by state agencies and institutions of higher education.
To accomplish this task, SPD is committed to providing this information semi-annually (September 1 - February 28) and annually (September 1 - August 31).
How does the HUB Report assist state agencies and institutions of higher education?
By using the HUB Report, agencies can track their expenditures and utilize it as a bench marking tool to meet or exceed their HUB utilization in each of the following categories:
Not only does the HUB Report capture expenditures, but it also contains Supplementary Summary Letters that identify agency Outreach and Good Faith Efforts.
How does the HUB Report assist Vendors?
The HUB Report is not limited to state agencies and institutions of higher education. The information within the report can also be used by vendors and the public to determine where state agencies purchase products or services. Once this has been identified, vendors can contact that agency's HUB Coordinator to introduce their business and further understand state procurement.