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NAICS Code· 551112

NAICS 551112: Offices of Other Holding Companies

This U.S. industry comprises legal entities known as holding companies (except bank holding) primarily engaged in holding the securities of (or other equity interests in) companies and enterprises for the purpose of owning a controlling interest or influencing the management decisions of these firms. The holding companies in this industry do not administer, oversee, and manage other establishments of the company or enterprise whose securities they hold. Cross-References. Establishments primarily engaged in--Show more

NAICS 551112 — Offices of Other Holding Companies encompasses entities that manage a portfolio of subsidiary companies without engaging directly in operational or production activities. These holding companies typically provide strategic oversight, financial management, corporate governance, and administrative support services to their subsidiaries, which may operate across diverse industries such as defense, aerospace, healthcare, or information technology.

$29K
Total Obligations (12mo)
4
Awarded Contracts (12mo)
4
Contractors Awarded (12mo)
1
Median Bidders per Award
-98.0%
YoY Growth

Industry Spending Overview

Federal obligations, top contractors and agencies, and related industry codes for NAICS 551112.

AI Industry Description

NAICS 551112 — Offices of Other Holding Companies encompasses entities that manage a portfolio of subsidiary companies without engaging directly in operational or production activities. These holding companies typically provide strategic oversight, financial management, corporate governance, and adm...

NAICS 551112 — Offices of Other Holding Companies encompasses entities that manage a portfolio of subsidiary companies without engaging directly in operational or production activities. These holding companies typically provide strategic oversight, financial management, corporate governance, and administrative support services to their subsidiaries, which may operate across diverse industries such as defense, aerospace, healthcare, or information technology. In the federal contracting landscape, this NAICS code captures the corporate infrastructure layer that enables complex enterprise structures to coordinate multi-entity contracts, comply with regulatory requirements, and optimize tax and capital structures. While not directly delivering goods or services to agencies, these offices play a critical role in enabling the legal and operational frameworks through which prime contractors execute government obligations. No contractor data is available for this NAICS code, indicating a lack of direct procurement activity attributed to holding company offices themselves. This suggests that most contracting occurs at the subsidiary level under other NAICS codes, with holding companies operating behind the scenes in an advisory or structural capacity. No agency data is available, reflecting that federal agencies do not typically award contracts directly to holding company offices. Instead, demand arises indirectly through subsidiaries that hold active contracts under operational NAICS codes. The market for this NAICS code is characterized by low direct procurement density but high strategic importance. Contractors operating complex corporate structures benefit from establishing holding company offices to streamline compliance, manage intercompany transfers, and enhance bid eligibility across multiple contract vehicles. Opportunities exist for firms seeking to restructure or scale their federal presence through sophisticated corporate governance frameworks, particularly those navigating small business set-asides, joint ventures, or multi-entity teaming arrangements.

Top Contractors

Companies with the highest total award value under NAICS 551112, ranked by dollars won.

Ranked by total awards

Top Agencies

Federal agencies directing the most contract spending toward NAICS 551112.

Competition

How many companies historically bid on federal awards in NAICS 551112, from bidder counts reported on USAspending.

Usually Single-Bid

Half or more of reported awards drew exactly one bidder, usually a sign of incumbent-held work rather than an open field. · 91 reported awards

Median Bidders

1

Per reported award, all-time

Single-Bid Awards

82%

Share of reported awards with one bidder

10+ Bidder Awards

1%

Share of reported awards with 10+ bidders

Reported Awards

0

90% of 101 total awards

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
551112This Code
Offices of Other Holding Companies
Usually Single-Bid182%
9190% of 101
55111NAICS Industry
Usually Single-Bid182%
24286% of 280
5511Industry Group
Management of Companies and Enterprises
Usually Single-Bid182%
24286% of 280
551Subsector
Usually Single-Bid182%
24286% of 280
55Sector
Management of Companies and Enterprises
Usually Single-Bid182%
24286% of 280

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 Offices of Other Holding Companies, by shared sector, subsector, and industry group.

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NAICS 551112 FAQ

Frequently Asked Questions

NAICS code 551112 covers Offices of Other Holding Companies. This U.S. industry comprises legal entities known as holding companies (except bank holding) primarily engaged in holding the securities of (or other equity interests in) companies and enterprises for the purpose of owning a controlling interest or influencing the management decisions of these firms. The holding companies in this industry do not administer, oversee, and manage other establishments of the company or enterprise whose securities they hold. Cross-References. Establishments primarily engaged in--

Recently Posted in Offices of Other Holding Companies

NAICS: 551112
Closed
SLED
Insurance Law Counsel
Solicitation # OGC-2024-19
The contract involves providing specialized legal services to the Commonwealth of Pennsylvania, specifically supporting the Pennsylvania Insurance Department’s Office of Corporate and Financial Regulation (OCFR). The scope of work encompasses evaluating and overseeing the financial health of insurance companies, including activities such as reviewing Risk-Based Capital Plans, examining assets and liabilities of troubled insurers, formulating corrective orders, and handling related litigation. Additionally, the legal services may extend to seeking administrative declarations of insolvency, prosecuting liquidation petitions, and advising administrative and judicial proceedings. The engagement aims to ensure compliance with various insurance laws, including the Suspension of Business, Risk Management and Own Risk Solvency Assessment, Insurance Holding Companies, and Corporate Governance laws, with the potential for broader legal support as directed by the Chief Counsel. The procurement process is conducted under the authority of the Commonwealth’s procurement laws and executive orders, with a contract value estimated between 500,000 and 2,000,000 dollars. Interested law firms must submit proposals by November 21, 2024, including detailed personnel experience, project references, and cost proposals, all of which are evaluated to select qualified legal counsel. The contractual arrangement will be formalized through a template contract that specifies terms such as scope of services, compensation (paid from estate funds), billing procedures, and compliance requirements. Supporting documents include confidentiality notices for proprietary information, detailed proposal cover sheets, and appendices outlining personnel qualifications, project references, and cost submittals. The overall objective is to establish a qualified legal team capable of handling complex insurance regulatory matters, litigation, and administrative proceedings on behalf of the Commonwealth, ensuring legal compliance and effective oversight of the insurance industry within Pennsylvania.
Office of General Counsel

POSTED

almost 2 years ago

CLOSED

almost 2 years ago
View Details

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Hillary
Keith Deutsch
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