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The North American Industry Classification System or NAICS (/ n eɪ k s /) [1] is a classification of business establishments by type of economic activity (the process of production). It is used by governments and business in Canada , Mexico , and the United States of America .
The Standard Industrial Classification (SIC) is a system for classifying industries by a four-digit code as a method of standardizing industry classification for statistical purposes across agencies. Established in the United States in 1937, it is used by government agencies to
CAGE is sometimes expanded as "Commercial Activity/Government Entity", "Contractor And Government Entity", or other, similar variations. In the NCS metadata, the CAGE code's Data Record Number ( DRN ) is 9250 (or 4140 for NSCM); information listed under this DRN identifies very specifically the semantics of CAGE, its syntax, and the procedures ...
The Department of Defense announces contracts valued at $7 million or more each business day at 5 pm. [2] All defense contractors maintain CAGE (Commercial and Government Entity) Codes and are profiled in the System for Award Management (SAM). [3]
With $48.666 billion in business with the U.S. federal government, Lockheed Martin, based in Bethesda, Maryland, is the largest U.S. federal government contractor. The Top 100 Contractors Report (TCR 100) is a list developed annually by the General Services Administration as part of its tracking of U.S. federal government procurement.
5-Digit Class-Item Code The 5-Digit class-item Code is an expanded version of the 3-Digit class Code. Currently, it contains over 8,700 descriptions. Currently, it contains over 8,700 descriptions. This level categorizes vendors by class-item to allow your procurement software to automate bidder selection, produce no-bid response reports ...
A defense contractor is a business organization or individual that provides products or services to a military or intelligence department of a government.Products typically include military or civilian aircraft, ships, vehicles, weaponry, and electronic systems, while services can include logistics, technical support and training, communications support, and engineering support in cooperation ...
The first positions of the code designate the particular Service/Agency element of ownership. [1] These codes are particularly important for U.S. Government financial, contracting, and auditing records. The codes are used across the entire Federal Government when ordering supplies from the supply system using MILSTRIP, FEDSTRIP, or DLMS ...