A locator bushing is used in combination with a receiving member, such as a fixture plate. The locator bushing is a single integral item having a driver portion and a threaded portion to locate and position devices in relation to the receiving member. The driver portion includes a first locating surface and a drive element. The first locating surface locates the locator bushing in the receiving member. The drive element is configured to receive a rotational force to rotate the driver portion. The threaded portion releasably engages the receiving member and is used to position the locator assembly within the receiving member. The driver portion includes a second locating surface to selectively locate and position an insert device relative to both the locator assembly and the receiving member.