- The Federal Supply Class cheap hotels in Noordwijk(FSC) code is a system classifying the products and services purchased by the federal government. Codes containing only numbers refer to products; codes containing a letter (or two) followed by numbers refer to services. You need to know your FSC Codes in order to track buying patterns within the federal government and to register in the Central Contractor Registration (CCR) (www.sellingtothegovernment.net/registrations.asp) to be paid electronically.
- The Standard Industrial Classification (SIC) Code is a system classifying the providers of products and services. The SIC Code system is being phased out; replacement is by the NAICS (North American Industry Classification System) explained below. Beginning October 1, 2000, NAICS will be the official classification system for all of North America (Canada, United States, and Mexico) although SIC Codes will be used as well for at least 1 year. You need to know your SIC Codes in order to register in Pro-Net (the federal government's small business directory).
- North American Industry Classification System (NAICS) is a system classifying the providers of products and services. This uniform system for all of North America was mandated by NAFTA (North American Free Trade Agreement). The NAICS website offers an easy table correlating the SIC and the new NAICS codes. You need to know your NAICS Codes in order to register in Pro-Net.
- A new North American Product Classification System (NAPCS) has been proposed for 2002. The initial impact of this system is to gather more accurate economic data about services.
- To determine whether your business is a large business or a small business, visit Small Business Size Determinations. While not, strictly speaking, a product or service classification system, the size of your business determines whether you are eligible for small business incentives within the federal purchasing system.
If you require assistance with determining how these codes apply to your business, contact your Procurement Technical Assistance Center. For further small business assistance, contact a consultant at a Small Business Development Center near you. > See also: Government Procurement |
