NAICS 422720: Petroleum and Petroleum Products Wholesalers (except Bulk Stations and Terminals)
Industry Spending Overview
Federal obligations, top contractors and agencies, and related industry codes for NAICS 422720.
Competition
How many companies historically bid on federal awards in NAICS 422720, from bidder counts reported on USAspending.
Median above 5 bidders per reported award. · 2,152 reported awards
Median Bidders
13
Per reported award, all-time
Single-Bid Awards
23%
Share of reported awards with one bidder
10+ Bidder Awards
51%
Share of reported awards with 10+ bidders
Reported Awards
2,152
92% of 2,345 total awards
Share of reported awards in each bidder-count bracket per federal fiscal year.
How this code compares up the NAICS hierarchy. Parent cohorts pool every code under their prefix, so they are the steadier baseline when a 6-digit sample is thin.
| Industry Family | Competition | Median Bidders | Single-Bid | Bidder Mix | Reported Awards |
|---|---|---|---|---|---|
422720This Code Petroleum and Petroleum Products Wholesalers (except Bulk Stations and Terminals) | Crowded Field | 13 | 23% | 2,15292% of 2,345 | |
42272NAICS Industry | Crowded Field | 13 | 23% | 2,15292% of 2,345 | |
4227Industry Group | Moderate Competition | 4 | 25% | 2,32985% of 2,737 | |
422Subsector | Moderate Competition | 5 | 9% | 87,28196% of 90,810 | |
42Sector Wholesale Trade | Moderate Competition | 3 | 18% | 7,852,24141% of 19,092,105 |
Bidder counts reported on past federal awards in this NAICS (USAspending). An open opportunity has no bidders yet, so this is the historical norm for similar work, not a fact about this solicitation. Not all awards report bidder counts, and fewer bidders often means incumbent-held work rather than an easier win. Federal reporting of bidder counts fell from ~96% of awards (FY2016) to ~30% (FY2018 onward); the chart shows shares of reported awards, and washed-out stretches mark years with fewer than 30 of them.
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