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NAICS Code· 523160

NAICS 523160: Commodity Contracts Intermediation

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) Cross-References. Establishments primarily engaged in--Show more

NAICS 523160 – Commodity Contracts Intermediation refers to the facilitation of contracts for the purchase and sale of physical commodities, such as agricultural products, metals, energy resources, and other raw materials, through third-party intermediaries. These intermediaries act as brokers or agents between buyers and sellers, often managing logistics, pricing risk, and regulatory compliance for government procurement of essential materials.

1
Active Contracts
$8.4M
Total Obligations (12mo)
2
Awarded Contracts (12mo)
2
Contractors Awarded (12mo)
-81.9%
YoY Growth

Industry Spending Overview

Federal obligations, top contractors and agencies, and related industry codes for NAICS 523160.

AI Industry Description

NAICS 523160 – Commodity Contracts Intermediation refers to the facilitation of contracts for the purchase and sale of physical commodities, such as agricultural products, metals, energy resources, and other raw materials, through third-party intermediaries. These intermediaries act as brokers or ag...

NAICS 523160 – Commodity Contracts Intermediation refers to the facilitation of contracts for the purchase and sale of physical commodities, such as agricultural products, metals, energy resources, and other raw materials, through third-party intermediaries. These intermediaries act as brokers or agents between buyers and sellers, often managing logistics, pricing risk, and regulatory compliance for government procurement of essential materials. This sector supports mission-critical supply chains for agencies requiring bulk commodity procurement, particularly where price volatility, global sourcing, or specialized trading expertise is required. It occupies a niche within the broader federal procurement ecosystem, bridging commercial commodity markets with public sector acquisition needs under frameworks like the Federal Acquisition Regulation. No contractor data is available to identify leading firms operating in this NAICS code. Typically, firms in this space include specialized commodity trading firms, licensed brokers, and occasionally large primes with dedicated supply chain divisions, though many may operate under broader NAICS classifications such as 523990 or 423130. No agency data is available to identify primary buyers. However, agencies with large-scale logistical or operational needs—such as the Department of Defense for fuel and food supplies, the General Services Administration for bulk procurement, or the Department of Agriculture for commodity distribution programs—are likely consumers of these intermediation services. The competitive landscape for Commodity Contracts Intermediation is fragmented and highly specialized, with opportunity density concentrated in agencies managing high-volume, price-sensitive procurement. Contractors with expertise in futures markets, USDA commodity programs, or international trade compliance are best positioned to compete. Demand is driven by supply chain resilience initiatives and the need for transparent, efficient procurement of essential materials, creating openings for firms with proven risk management and regulatory adherence capabilities.

Small Business Size Standard

The SBA threshold that decides who can bid NAICS 523160 work as a small business.

$41.5M
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 523160, ranked by dollars won.

Ranked by total awards
CompanyTotal AwardsContracts
COINBASE INC$4.4M1
COMMAND SERVICES & SUPPORT, INC.$4.0M1

Top Agencies

Federal agencies directing the most contract spending toward NAICS 523160.

Competition

How many companies historically bid on federal awards in NAICS 523160, from bidder counts reported on USAspending.

Too few awards in NAICS 523160 report bidder counts (4 of 8) to summarize competition. The broader industry family below gives the closest honest picture.

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
523160This Code
Commodity Contracts Intermediation
Not enough reported data———
450% of 8
52316NAICS Industry
Not enough reported data———
450% of 8
5231Industry Group
Securities and Commodity Contracts Intermediation and Brokerage
Usually Single-Bid160%
1,00492% of 1,094
523Subsector
Usually Single-Bid176%
29,55095% of 31,253
52Sector
Finance and Insurance
Usually Single-Bid171%
55,86385% of 65,585

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 Commodity Contracts Intermediation, by shared sector, subsector, and industry group.

Explore contracts across multiple NAICS codes Browse all NAICS Codes

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NAICS 523160 FAQ

Frequently Asked Questions

NAICS code 523160 covers Commodity Contracts Intermediation. 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) Cross-References. Establishments primarily engaged in--

Recently Posted in Commodity Contracts Intermediation

NAICS: 523160
Closed
SLED
Foreign Currency Exchange Services
Solicitation # 25-06490
The Wayne County Airport Authority has issued a Request for Information to gather market insights and potential solutions for reinstating foreign currency exchange services at Detroit Metropolitan Wayne County Airport (DTW). The initiative aims to restore full-service currency exchange operations, including staffed teller services and automated Currency Exchange Teller Machines (CCTMs), targeted for implementation between late 2026 and mid-2027. The RFI seeks detailed responses on service offerings, preferred locations within the airport, industry experience, and business arrangements, with a focus on supporting international travelers through currency conversion, cash advances, wire transfers, and related financial services. The procurement process is in the information-gathering phase, and no award or contractual commitment will result from this RFI. Responses are due by December 4, 2025, via the BidNet Direct portal. The contract, managed by the Wayne County Airport Authority under NAICS code 523160, involves a potential contract size ranging from $500,000 to $2,000,000, though specific pricing or contractual terms are not yet defined. The project emphasizes operational models that include both staffed and automated services, with considerations for ancillary offerings such as traveler’s checks and money orders, and adherence to airport security and accessibility standards. While operational and passenger data—such as airline destinations, terminal assignments, and passenger traffic—are provided, detailed contractual clauses, evaluation factors, or specific performance standards are not included at this stage. The procurement process is structured to solicit innovative proposals that align with the airport’s goals of enhancing international traveler services, with instructions emphasizing concise, clear responses submitted electronically. The overall effort aims to improve the airport’s currency exchange capabilities, ensuring seamless financial services for international visitors, within a framework that will be further developed through subsequent solicitations.
Wayne County Airport Authority

POSTED

11 months ago

CLOSED

10 months ago
View Details
NAICS: 523160
Awarded
Federal
Cryptocurrency Managed Services, Class 2 - 4
Solicitation # 15M50024QA4400003
The U.S. Marshals Service (USMS) Department of Justice is soliciting proposals for a single-award, Indefinite Delivery/Indefinite Quantity (IDIQ) contract for Cryptocurrency Managed Services, specifically for Class 2 through 4 assets. These assets are less popular cryptocurrencies that require specialized storage and liquidation techniques, including the use of cold storage via hardware and software wallets. The contract is a 100 percent small business set-aside under NAICS code 523160, with a total ceiling of 72 million dollars. The performance period consists of a 12-month base year and four option periods, with a potential six-month extension, totaling a five-year ordering period. The procurement utilizes a two-phase best-value tradeoff evaluation process where non-price factors, such as experience, technical capability, and resumes, are significantly more important than price. Phase 1 focuses on experience through oral presentations, while Phase 2 evaluates technical capability and pricing. Offerors are required to be registered in the System for Award Management (SAM) and may be required to submit a SOC 2 Type 2 audit. The scope of work includes the professional custody, management, and disposal of seized and forfeited cryptocurrency assets in accordance with Department of Justice and USMS policies.
USMS Department Of Justice

POSTED

almost 2 years ago

CLOSED

almost 2 years ago
View Details

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