What is NAICS?
April 18, 2018 1 Comment
By Chris Wiedemann, consultant
Over the course of this series, we’ve covered a lot of the ins and outs of government contracting in the IT and COTS space.
Of course, the government buys products and services across the full range of the American economy, in addition to its role in monitoring, reporting on and regulating American industry. That led to the need for a classification system to bucket American companies based on the service or product they provide – the North American Industrial Classification System (NAICS).
NAICS codes, as they are known, are six-digit codes that categorize companies and are used by the government in different ways. For example, every solicitation that an agency releases must indicate a primary NAICS that the solicitation pertains to (and, in some cases, additional NAICS codes that might apply).