423940: Jewelry, Watch, Precious Stone, and Precious Metal Merchant Wholesalers
Sector 42, Wholesale Trade. Subsector 423, Merchant Wholesalers, Durable Goods. The federal award record for this code: who buys it, who won it, what it went for, what recompetes soon.
NAICS 423940 in numbers
Most of this spending goes through a small number of buyers. The top listed buyers are HEADQUARTERS (488 awards, $4.61B), US MINT HEADQUARTERS (78 awards, $898.62M), and DEPT OF TREAS/U.S.MINT (42 awards, $739.01M), with two more Treasury and Mint-related names and one fund after them. The notice does not say how each buyer chooses vendors or which purchasing method each one uses. Set-asides are rare. Of 13,532 awards, 11,780 show no set-aside, 1,469 show none recorded, and the rest are split among SBA (204), 8(a) (72), RSB (6), and WOSB (1).
The award sizes are very uneven. The total is $7.16B across FY2001 to FY2027, but the median award is only $200, so a few large awards hold most of the dollars. Only 154 distinct vendors appear in the record across all those years. The notice does not show how many firms bid on each award, so it does not say how crowded any given buyer is. A firm weighing this code should expect that most of the money goes to large, repeat awards, and that small-dollar buys are common but small in value.
The notice shows no active notices right now. It also shows 16 contracts worth $178.7K ending within 12 months. The notice does not say whether those contracts will be recompeted, extended, or moved to another vehicle. Firms that want to track this code should watch for new notices from the top buyers, especially the Treasury and Mint names, and should confirm the buying pattern directly with those offices before deciding how to spend bid effort.
Everything behind these numbers for NAICS 423940
- Every buying office that awarded in this code, ranked by what they spent
- Every vendor that won, resolved to one record per business
- Every award back to FY2001, searchable and exportable
- Contracts ending soon, scored for how open the next round looks
- Every open notice on this code, with the buyer history beside it
The numbers above are open to anybody. The organized record behind them is what a plan pays for: every award, every buyer, every vendor, cleaned, resolved and read again every night.
Open right now under NAICS 423940
Nothing open on SAM.gov for this right now. We check for new notices every hour, and members are emailed daily on Shop, or hourly on Pro, Capture and Enterprise.
Where this code sits
NAICS 423940 is a six-digit national industry in the 2022 North American Industry Classification System. It sits under industry group 4239 (Miscellaneous Durable Goods Merchant Wholesalers), NAICS industry 42394 (Jewelry, Watch, Precious Stone, and Precious Metal Merchant Wholesalers), in subsector 423 (Merchant Wholesalers, Durable Goods) of sector 42 (Wholesale Trade).
Federal buyers assign one NAICS code to each award and each notice. The code describes the kind of business the buyer expects to perform the work, not the item itself; the item is described by the PSC code. The numbers above come from awards and notices carrying this exact code. Related work often sits in the neighboring codes listed below, so watch the neighbors too.
The official definition, with what the code includes and excludes, is on the Census NAICS page linked at the bottom.
Codes near this one
The other national industries in group 4239, Miscellaneous Durable Goods Merchant Wholesalers.
How to use this page
Who bought it ranks contracting offices by what they obligated under this code. Who won it ranks vendors after names are resolved to one record each. What it went for shows award size bands; the median describes a typical award better than the average. What recompetes soon lists awards whose period of performance ends inside twelve months.
A code with nothing on record yet says so. Members see the individual awards and notices behind every number, buyer and incumbent profiles, alerts and briefs.
Related
- Every NAICS codeThe index by sector and subsector.
- Choosing NAICS codesPrimary and secondary codes for your registration.
- Recompete radarContracts in this code coming due.
- Award historyWho won last time and at what price.
See who was last awarded in your NAICS
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