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NAICS Code· 423740

NAICS 423740: Refrigeration Equipment and Supplies Merchant Wholesalers

This industry comprises establishments primarily engaged in the merchant wholesale distribution of refrigeration equipment (except household-type refrigerators, freezers, and air-conditioners). Illustrative Examples: Cold storage machinery merchant wholesalers Refrigerated display cases merchant wholesalers Commercial refrigerators merchant wholesalers Water coolers merchant wholesalers Cross-References. Establishments primarily engaged in--Show more

NAICS 423740 – Refrigeration Equipment and Supplies Merchant Wholesalers encompasses the wholesale distribution of commercial and industrial refrigeration systems, components, and associated supplies, including compressors, condensers, evaporators, refrigerants, temperature control devices, and insulation materials. This sector supports critical infrastructure requiring precise thermal management, such as food processing facilities, healthcare storage units, laboratories, and military logistics hubs.

20
Active Contracts
$1.6M
Total Obligations (12mo)
45
Awarded Contracts (12mo)
30
Contractors Awarded (12mo)
2
Median Bidders per Award
+85.6%
YoY Growth

Industry Spending Overview

Federal obligations, top contractors and agencies, and related industry codes for NAICS 423740.

AI Industry Description

NAICS 423740 – Refrigeration Equipment and Supplies Merchant Wholesalers encompasses the wholesale distribution of commercial and industrial refrigeration systems, components, and associated supplies, including compressors, condensers, evaporators, refrigerants, temperature control devices, and insu...

NAICS 423740 – Refrigeration Equipment and Supplies Merchant Wholesalers encompasses the wholesale distribution of commercial and industrial refrigeration systems, components, and associated supplies, including compressors, condensers, evaporators, refrigerants, temperature control devices, and insulation materials. This sector supports critical infrastructure requiring precise thermal management, such as food processing facilities, healthcare storage units, laboratories, and military logistics hubs. In government contracting, this NAICS code serves as a vital supply chain link, enabling federal installations to maintain cold chain integrity for medical vaccines, perishable rations, and scientific samples. Merchant wholesalers in this space typically act as intermediaries between manufacturers and end-users, providing technical support, inventory management, and just-in-time delivery services tailored to federal procurement timelines and compliance standards. No contractor data is available to identify top performers in this NAICS code within the government contracting space. The competitive landscape likely includes a mix of large national distributors, regional specialty wholesalers, and small businesses certified under programs such as HUBZone or 8(a), though no dominant primes have been identified in federal award records. No agency data is available to pinpoint primary buyers. However, demand is expected to originate from agencies managing cold chain operations, including the Department of Defense for field rations and medical logistics, the Department of Health and Human Services for vaccine storage, and the U.S. Postal Service for pharmaceutical distribution networks. The market presents moderate opportunity density with consistent, mission-critical demand but limited high-dollar contract visibility. Contractors with expertise in federal procurement compliance, inventory traceability, and rapid-response logistics stand to gain advantage. Growth is tied to infrastructure modernization, climate resilience initiatives, and expanded cold chain capabilities in remote or expeditionary environments.

Small Business Size Standard

The SBA threshold that decides who can bid NAICS 423740 work as a small business.

125 employees
Applies to the whole industry code

The SBA cap for this NAICS (13 CFR 121.201). A business at or under it can self-certify as small for work in this code, which is what makes it eligible for a small-business set-aside. The cap is set per NAICS, so the same company can be small in one code and not in another.

13 CFR 121.201, effective January 1, 2026. The SBA revises the table roughly once a year.

Top Contractors

Companies with the highest total award value under NAICS 423740, ranked by dollars won.

Competition

How many companies historically bid on federal awards in NAICS 423740, from bidder counts reported on USAspending.

Fewer Bidders

Median under 3 bidders per reported award. · 6,825 reported awards

Median Bidders

2

Per reported award, all-time

Single-Bid Awards

41%

Share of reported awards with one bidder

10+ Bidder Awards

2%

Share of reported awards with 10+ bidders

Reported Awards

6,825

96% of 7,115 total awards

Bidder Count Distribution by Fiscal Year

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 FamilyCompetitionMedian BiddersSingle-BidBidder MixReported Awards
423740This Code
Refrigeration Equipment and Supplies Merchant Wholesalers
Fewer Bidders241%
6,82596% of 7,115
42374NAICS Industry
Fewer Bidders241%
6,82596% of 7,115
4237Industry Group
Hardware, and Plumbing and Heating Equipment and Supplies Merchant Wholesalers
Crowded Field227%
409,23060% of 684,191
423Subsector
Fewer Bidders224%
4,646,33738% of 12,317,116
42Sector
Wholesale Trade
Moderate Competition318%
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.

Related NAICS Codes

Industries similar to Refrigeration Equipment and Supplies Merchant Wholesalers, by shared sector, subsector, and industry group.

Hardware Merchant Wholesalers

This industry comprises establishments primarily engaged in the merchant wholesale distribution of h...
423710Same Industry GroupHigh Similarity

Plumbing and Heating Equipment and Supplies (Hydronics) Merchant Wholesalers

This industry comprises establishments primarily engaged in the merchant wholesale distribution of p...
423720Same Industry GroupHigh Similarity

Warm Air Heating and Air-Conditioning Equipment and Supplies Merchant Wholesalers

This industry comprises establishments primarily engaged in the merchant wholesale distribution of w...
423730Same Industry GroupHigh Similarity

Automobile and Other Motor Vehicle Merchant Wholesalers

This industry comprises establishments primarily engaged in the merchant wholesale distribution of n...
423110Same SubsectorMedium Similarity

Motor Vehicle Supplies and New Parts Merchant Wholesalers

This industry comprises establishments primarily engaged in the merchant wholesale distribution of m...
423120Same SubsectorMedium Similarity

Tire and Tube Merchant Wholesalers

This industry comprises establishments primarily engaged in the merchant wholesale distribution of n...
423130Same SubsectorMedium Similarity

Motor Vehicle Parts (Used) Merchant Wholesalers

This industry comprises establishments primarily engaged in the merchant wholesale distribution of u...
423140Same SubsectorMedium Similarity

Furniture Merchant Wholesalers

This industry comprises establishments primarily engaged in the merchant wholesale distribution of f...
423210Same SubsectorMedium Similarity

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NAICS 423740 FAQ

Frequently Asked Questions

NAICS code 423740 covers Refrigeration Equipment and Supplies Merchant Wholesalers. This industry comprises establishments primarily engaged in the merchant wholesale distribution of refrigeration equipment (except household-type refrigerators, freezers, and air-conditioners). Illustrative Examples: Cold storage machinery merchant wholesalers Refrigerated display cases merchant wholesalers Commercial refrigerators merchant wholesalers Water coolers merchant wholesalers Cross-References. Establishments primarily engaged in--

Recently Posted in Refrigeration Equipment and Supplies Merchant Wholesalers

NAICS: 423740
Closed
SLED
27-JYET-075 Open Air Refrigerator Replacement
Solicitation # 27-JYET-075
The Jamestown-Yorktown Educational Trust is soliciting bids for the procurement and installation of one new open air refrigerated display merchandiser for the 1781 Café at the American Revolution Museum in Yorktown, Virginia. This is a proprietary requirement for the True Manufacturing Model TOAM-48-HC~NSL01; no substitutions or alternate models are permitted. The scope of work includes the delivery of the unit through patio doors, unpacking, positioning, and final electrical connection to a 208-230V dedicated outlet, as well as the disconnection, removal, and proper disposal of the existing refrigerator. The contractor is also responsible for removing all packaging and verifying the unit's operation upon installation. The contract will be awarded to the lowest responsive and responsible bidder on a total sum basis, provided the price is determined to be fair and reasonable. Mandatory requirements for a responsive bid include the specific proprietary model and a manufacturer warranty covering parts, labor, and the compressor for seven years. Bids must be submitted electronically via eVA by October 9, 2026, at 2:00 PM ET. This solicitation is set aside with award priority for DSBSD-certified micro or small businesses. The preferred completion date is October 16, 2026, with a final installation deadline of November 1, 2026. Awarded contractors must maintain specific insurance coverages, including Commercial General Liability of $1,000,000 per occurrence and $2,000,000 aggregate.
Jamestown-Yorktown Foundation

POSTED

7 days ago

CLOSED

4 days ago
View Details
NAICS: 423740
SLED
OMHSAS/NSH Pharmacy Refrigerators
Solicitation # 6100066725
The Pennsylvania Department of Human Services is soliciting bids under IFB 6100066725 for the provision and installation of 14 new pharmacy refrigerators for the Norristown State Hospital campus located at 1001 Sterigere Street, Norristown, Pennsylvania. The required units must be 24 inches wide, 31.5 inches high, and 26.7 inches deep, and must include undercounter pedestals measuring 24 inches wide, 17.5 inches high, and 24 inches deep. Technical specifications require NSF/ANSI 456 Vaccine Storage Certification, compatibility with Pyxis medication management software, a solid ballast thermal buffer, an internal lock box storage drawer with a key, and 120V 60Hz electrical compatibility with a hospital-grade cord. Bidders must provide quotes for both left- and right-hinged models and ensure a certification of calibration is provided upon installation. The contract mandates a warranty covering the compressor and powertrain for seven years, parts for two years, and labor for one year. All bids must be submitted electronically via the PA Supplier Portal by the specified deadline, and late or non-responsive bids will be disqualified. Required submission attachments include the Workers Protection and Investment Certification, the Reciprocal Limitations Form, and the State of Manufacturer BOP1303. Award is based on strict conformance to specifications, and the selected contractor must coordinate installation with the hospital maintenance department. Invoices must be submitted on company letterhead to the designated P.O. Box and faxed to the Norristown State Hospital accounting department.
Department of Human Services

POSTED

7 days ago

DEADLINE

in 15 days
View Details

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