GTCC | Purchasing | MWBE/HUB - Guilford Technical Community College

Headlines

Events

Jun 02: DR. RANDY PARKER ON TRIAD TODAY SHOW
Nov 05: Dr. Randy Parker Installation

MWBE/HUB

Historically Underutilized Businesses (HUB) In 2002, GTCC adopted a policy to strive for a minimum of 10% of all purchases to be with Historically Underutilized Businesses (HUB) vendors.

The policy states:
"It is the intent of the Board of Trustees of Guilford Technical Community College to encourage and promote equal opportunities for Historically Underutilized Businesses in order to foster more diverse participation in all aspects of procurement and contracting opportunities at Guilford Technical Community College. Further, it is the policy of Board of Trustees of Guilford Technical Community College to prohibit discrimination against any person or business on the basis of race, color, sex, religion, or national origin."

HUB businesses are defined as one:

In which at least 51 percent of the business, or of the stock in the case of a corporation, is owned by one or more minority persons, women, or disabled persons, and
of which one or more minority persons, women, or disabled persons control the management and daily business operations.

The objectives of the college's HUB Plan are to:

increase the college's expenditures for the procurement of goods and services from HUB vendors to a goal of at least 10 percent while maintaining the integrity of sound financial practices and complying with state purchasing and contracting laws and policies;
accurately report the participation by HUB vendors and contractors in procurement and construction contracts at the college that heretofore went unreported;
comply with state laws and procedures related to participation by HUBs in construction, service, and procurement contracts;
establish procedures that will not increase the cost of the college's purchasing and contracting programs; and to
accomplish these objectives utilizing the limited staffing and funding resources available to the college.