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NAICS Code· 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

Contract Opportunities

Active solicitations and awarded contracts classified under NAICS 523160Commodity Contracts Intermediation.

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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
Canada
Edmonton School Division - Request for Qualification - Electric Energy Contract-for-DifferenceThe Edmonton School Division has issued a Request for Supplier Qualifications (RFSQ) seeking Electric Energy Suppliers to provide financial settlement services related to a fixed-for-floating price hedge for electric energy. This contract aims to manage the Division’s risk and financial exposure in electric energy procurement by securing a hedge arrangement. The RFSQ is open to all qualified suppliers, including those not currently on the Qualified Supplier Roster, encouraging prompt submissions as it will lead to subsequent Request for Quotes competitions. Interested parties must review the updated terms published on the Bonfire Project Portal, where the project documentation is accessible. The solicitation, identified as AB-2024-07559, was posted on January 6, 2026, with a placeholder deadline for submissions set for December 31, 2026, although the process includes provisions for amendments or cancellation by the Division without liability. The RFSQ is temporarily closed as of April 7, 2025, but has since been reopened. The delivery location is Alberta, and the contracting authority is Mohamed Hussein, who can be contacted via the provided email. This procurement effort by the Edmonton School Division is critical for managing the financial aspects of their electric energy supply under Government of Canada protocols.
Edmonton School Division

POSTED

6 months ago

DEADLINE

in 6 months
View Details
NAICS: 523160
Closed
SLED
Foreign Currency Exchange ServicesThe 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

8 months ago

CLOSED

7 months ago
View Details

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