6/17/2005 12:00 AM
Eight A&M System members are listed among the top 25 agencies in the state with the largest percentage of their budgets spent for goods and services through the State of Texas Historically Underutilized Business (HUB) Program. Three of these—Texas A&M University, The Texas A&M University System Health Science Center and the Texas Engineering Extension Service—are based in Bryan-College Station.
The Texas Building and Procurement Commission’s recent Fiscal Year 2005 Semi-Annual HUB Report shows the A&M System at 60 percent above the 12.8 percent average for all state agencies. The A&M System in total spent more than $51 million out of more than $252 million, or 20.56 percent, for goods and services through HUBs. This is the third consecutive semi-annual reporting period for which the A&M System has increased the percentage of its budget spent with HUBs.p>
Five other A&M System universities were in the top 25: Tarleton State University, Texas A&M University-Commerce, Texas A&M University-Corpus Christi, Texas A&M University-Kingsville and West Texas A&M University.
“We are extremely pleased with the HUB performance shown by our universities, service agencies, and Health Science Center, all of which are in double digits for the first time in the history of the HUB Program, with 14 recording performances above 20 percent,” said Jim Fletcher, vice chancellor for administration. “Not only does the A&M System continue to move forward in overall HUB performance, but there has also been significant progress in expanding the diversity of our HUB participation to more faithfully reflect the face of Texas.”
“The A&M System continues to work very hard to achieve a diverse procurement program,” Fletcher said. “Our results demonstrate the commitment of the Board of Regents, Chancellor Bob McTeer, and each of our member institution CEOs to expanding equal access and equal opportunity for all business while recognizing our responsibilities to the citizens of our state.”
With an annual budget of $2.3 billion, The Texas A&M University System is one of the largest and most complex systems of higher education in the nation. Through a statewide network of nine universities, seven state agencies and a comprehensive health science center, the A&M System educates nearly 100,000 students, conducts more than $500 million in research and reaches another 11 million people through service each year.
View The Texas A&M University System news release.