The Office of Budget and Finance is open for business, although we are working remotely. Please continue doing business with us as usual, but be aware that most of us do not forward our office phones. Email or chat (via Microsoft Teams) may be the best way to reach us. Additional announcements relevant to a specific department may be found on that department’s home page.
The staff working in Supplier Diversity Programs work closely with the Purchasing staff and campus stakeholders to promote use of small and / or minority owned businesses, including the the State of Texas Historically Underutilized Businesses (HUB) vendors.
A Historically Underutilized Business (HUB) is defined as a business formed for the purpose of making a profit and is otherwise a legally-recognized business organization under the laws of the State of Texas in which at least 51 percent of the business is owned, operated, and controlled by one or more of the following:
The above are economically disadvantaged and who have been historically underutilized because of their identification as members of these groups. Eligible entities must have their principal place of business located in Texas where the majority HUB owner(s) makes the decisions, controls the daily operations of the organization, and participates in the business. The qualifying owners must be residents of the State of Texas.
The Texas Legislature requires all state agencies to make a good faith effort to assist HUBs in receiving a portion of the total contract value of all contracts that the agency expects to award in a fiscal year. The statewide HUB goals for the State of Texas and UT Dallas are:
No announcements at this time.