Commodity Contracts Intermediation

📘 Source: U.S. Census Bureau — 2022 NAICS Manual

This industry comprises establishments primarily engaged in acting as principals (i.e., investors who buy or sell for their own account) in buying or selling spot or futures commodity contracts or options, such as precious metals, foreign currency, oil, or agricultural products, generally on a spread basis, or acting as agents (i.e., brokers) in buying or selling spot or futures commodity contracts or options on a commission or transaction fee basis. Illustrative Examples: Commodity contract trading companies Commodity contracts brokerages Commodity futures brokerages Futures commodity contracts dealing (i.e., acting as a principal in dealing commodities to investors)

NAICS code 523160 — Commodity Contracts Intermediation — is used in SAM.gov to identify businesses whose primary activity falls within this classification. When you add this code to your SAM.gov entity registration, contracting officers searching for vendors in the Securities and Commodity Contracts Intermediation and Brokerage space will be able to find your business.

If this code represents your primary business activity, designate it as your primary NAICS code. Your primary NAICS code determines your size standard for any contract solicited under this code. With a size standard of $47M average annual receipts, your business must be at or below this threshold to qualify as a small business for set-aside contracts under NAICS 523160.

What is NAICS code 523160?

NAICS code 523160 is 'Commodity Contracts Intermediation', classified under the Finance and Insurance sector (NAICS 52). This industry comprises establishments primarily engaged in acting as principals (i.e., investors who buy or sell for their own account) in buying or selling spot or futures commodity contracts or opt

What is the SBA small business size standard for NAICS code 523160?

The SBA defines a small business under NAICS code 523160 (Commodity Contracts Intermediation) as one with $47M average annual receipts. This size standard determines eligibility for small business set-aside contracts, 8(a), HUBZone, WOSB, and SDVOSB programs in SAM.gov.

How do I register NAICS code 523160 in SAM.gov?

To register NAICS code 523160 in SAM.gov: (1) Log in at sam.gov, (2) Navigate to your Entity Registration, (3) Go to the Assertions section, (4) Add 523160 (Commodity Contracts Intermediation) to your NAICS code list. You may designate one code as your Primary NAICS code.