North American Industry Classification System (NAICS)

If you spend a great deal of time doing business with the Federal government you will certainly run across the term North American Industry Classification System or NAICS.

What is NAICS?
NAICS (pronounced Nakes) was developed by the U.S Office of Management and Budget to be used by Federal statistical agencies in classifying business establishments for the collection, analysis, and publication of statistical data related to the business economy of the U.S. NAICS replaced old Standard Industrial Classification (SIC) system. It was also developed in cooperation with the statistical agencies of Canada and Mexico to establish a 3-country standard that allows for a high level of comparability in business statistics among the three countries. NAICS is the first economic classification system to be constructed based on a single economic concept.

What is an Establishment?
An establishment is generally a business or industrial unit at a single, physical location that produces or distributes goods or performs services (e.g., store, factory, farm, etc.). An enterprise, on the other hand, may consist of more than one location performing the same or different types of economic activities. Each establishment of that enterprise is assigned a NAICS code based on its own primary activity.

To determine what NAICS codes apply to your business contact one of our sponsoring attorneys.

OTHER RELATED GSA LINKS

GSA: Federal Business Opportunities

The branch of the GSA known as "Federal Business Opportunities" is the single government point-of-entry for Federal government procurement opportunities over $25,000. Federal Business Opportunities allows Government buyers to publicize their business opportunities by posting information directly to FedBizOpps via the Internet. FedBizOpps will allow your business to search, monitor and retrieve federal business opportunities solicited by the entire Federal contracting community.

However, you cannot provide services or products to Federal Business Opportunities unless you first have a contract schedule. Contact one of our sponsoring GSA attorneys to get started with your schedule today.

OTHER RELATED GSA LINKS

GSA: Central Contractor Registration

Before you can be awarded a GSA contract schedule you will be required to register with Central Contractor Registration (CCR). CCR is the primary vendor database for the U.S. Federal Government. As a current or potential federal government vendor you are required to register your business with CCR in order to be awarded contracts by the federal government. The registration will require you to provide CCR basic information about your business’ procurement procedures and financial viability. Once registered, you must update or renew your business’ registration at least once per year to maintain an active status.

Once you have registered with CCR, CCR will validate the information you have provided about your business and then electronically share the secure and encrypted data with the federal agencies’ finance offices to facilitate paperless payments through electronic funds transfer (EFT). CCR also shares the data with federal government procurement and electronic business systems.

Information Need Prior to Registration
Prior to registration you will need to: (1) obtain a DUNS number; (2) if applicable, a DUNS +4 number; (3) obtain a Commercial and Government Entity (CAGE) Code; (4) a Federal Tax Identification Number; and (5) a Legal Business Name and Doing Business As Name.

CCR Registration Assistance
For assistance in obtaining your CCR Registration, contact one of our sponsoring attorneys below or at the top of this page.

OTHER RELATED GSA LINKS