Commodity Contracts Intermediation

Code 523160
Child
Popular Federal Contract Opportunities
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Popular Federal Contract Awards
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NAICS 523160 (Commodity Contracts Intermediation) encompasses professional services related to financial intermediation for commodity trading and brokerage activities. This classification primarily involves firms that facilitate transactions in commodity markets, including specialized intermediary services for financial instruments, derivatives, and emerging digital financial technologies. The category covers organizations that provide transactional, analytical, and management services across various commodity market segments.

The federal contract awards in this NAICS code demonstrate a notable focus on cryptocurrency and digital asset management services. Two significant awards from the U.S. Marshals Service Asset Forfeiture Contracts Team highlight this trend, with contracts valued at $3,833,600 and $6,978,346.66, respectively. These firm fixed-price delivery orders involve cryptocurrency managed services, spanning periods from one to five years. Awardees include specialized firms like Command Services & Support, Inc. (a Veteran-Owned Small Business) and Coinbase Inc., which provide cryptocurrency analysis tools, blockchain analytics platforms, and support for law enforcement and cybersecurity operations. The awards do not utilize small business set-asides and appear to target sophisticated digital asset management capabilities.

While most contracts in this dataset focus on cryptocurrency services, additional awards demonstrate the category's broad scope. A Department of State purchase order for $14,100 procured paints for overseas operations, while another $84,000 purchase order acquired radio equipment for international law enforcement programs in Ecuador. These smaller awards illustrate the versatility of NAICS 523160 in supporting various government procurement needs, ranging from specialized digital financial services to logistical and equipment support for federal agencies' international missions.

Generated 1/18/25, 12:01 AM