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Office Hours: NAICS Codes and the Professional Services Schedule

Date: 
Thursday, January 11, 2018 - 1:00 PM
Location: 
Virtual
11

Ask our expert, Brad deMers, Senior Contracting Officer, all about North American Industry Classification System (NAICS) codes. NAICS codes are the standard used by Federal statistical agencies in classifying business establishments for the purpose of collecting, analyzing, and publishing statistical data related to the U.S. business economy.

 

Schedule solicitations list multiple NAICS codes under a single SIN when multiple industries describe the scope of work to be performed under that SIN. Many firms propose under multiple SINs in their offer. However, are you aware in accordance with the FAR and the SBA Regulations, only a single NAICS code is assigned to any given Schedule contract, regardless of the number of SINs awarded under that Schedule contract?

 

The single NAICS code assigned to the contract is the NAICS code that best describes the principal nature of the product or service being acquired under that contract.  Business size under that contract is then determined in accordance with the size standard associated with that single NAICS code. Need to know more about how this works? Don’t miss this month’s Office Hours.

 

When: January 11, 2018

1:00 - 2:00 p.m. ET (10:00 - 11:00 a.m. PT)

Who: Brad deMers, Senior Contracting Officer

How: Click here to register

GSA's Professional Services Category monthly Office Hours are designed to address federal customer agency questions about professional services acquisition. Plus you’ll earn 1 CLP!

 
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