Summary of Report 99-046

August 1999

Report Number 99-046

Overall Conclusion

All nine entities reviewed during fiscal year 1999 demonstrated good-faith efforts to comply with HUB requirements. Additionally, six of the entities exceeded the HUB goal in at least one expenditure category.

Key Facts and Findings

The nine entities reviewed during fiscal year 1999 for compliance with state Historically Underutilized Business (HUB) requirements demonstrated good-faith efforts to purchase goods and services from HUB vendors. This means that, while the nine entities may not have met all statewide goals for money spent with HUB vendors, they made reasonable efforts to achieve the goals. Agencies are not penalized for not meeting the HUB goals. Six of the entities exceeded the statewide HUB goal in at least one expenditure category.

• The entities reviewed spent about $14.5 million with adjusted HUB vendors (those recognized as being underutilized within six categories of expense) in fiscal year 1998, while the State spent approximately $550 million with adjusted HUB vendors.

• Information from the Texas Women University  indicates that it is working toward regaining compliance status and plans to fully resolve this issue by December 31, 1999.

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