NAICS Code 532412: Construction, Mining, and Forestry Machinery and Equipment Rental and Leasing
National industry
SBA small business size standard: $40 million in average annual receipts
Definition
This U.S. industry comprises establishments primarily engaged in renting or leasing heavy equipment without operators that may be used for construction, mining, or forestry, such as bulldozers, earthmoving equipment, well drilling machinery and equipment, or cranes.
Government contracts for this service: PSC W037 Agricultural Machinery and Equipment Lease and Rental
Code facts
- Part of
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53
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532
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5324
- 53241
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5324
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532
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53
- Contract awards
- 738 In the last 12 months
- Contract obligations
- $78,600,213 In FY2025
NAICS codes and definitions come from the U.S. Census Bureau, size standards from the SBA and contract spending from SAM.gov/FPDS.
Business activities under NAICS 532412
- Bulldozer rental or leasing without operator
- Construction form rental
- Construction machinery and equipment rental or leasing without operator
- Crane rental or leasing without operator
- Earth moving equipment rental or leasing without operator
- Forestry machinery and equipment rental or leasing
- Heavy construction equipment rental without operator
- Logging equipment rental or leasing without operator
- Mining machinery and equipment rental or leasing
- Oil field machinery and equipment rental or leasing
- Oil well drilling machinery and equipment rental or leasing
- Welding equipment rental or leasing
- Well drilling machinery and equipment rental or leasing
Looking for another activity? Search the NAICS code lookup or browse business activities from A to Z.
Contract obligations by fiscal year
| Fiscal year | Obligated |
|---|---|
| FY2027 To date | $55,030 |
| FY2026 | $68,867,242 |
| FY2025 | $78,600,213 |
| FY2024 | $125,269,091 |
| FY2023 | $40,714,868 |
Top contractors by obligations
| Rank | Contractor | Obligated, FY2026–FY2027 | Share |
|---|---|---|---|
| 1 | Axsus Enterprises LLC | $8,512,462 | |
| 2 | BFC Limited, LLC | $5,955,423 | |
| 3 | SKO Enterprises Inc. | $5,372,988 | |
| 4 | Wheeler Machinery Co | $2,073,698 | |
| 5 | Brink Brothers Inc. | $2,065,770 | |
| 6 | DBR Investments Inc. | $1,987,378 | |
| 7 | 4 Rivers Equipment LLC | $1,748,701 | |
| 8 | Omang Technologies & Trading L.l.c | $1,553,468 | |
| 9 | Gibson & Son Road Building, Inc. | $1,537,880 | |
| 10 | Winegar Contracting LLC | $1,508,596 |
See the full FY2025 ranking of NAICS 532412 contractors, by parent company.
Top funding agencies by obligations
| Rank | Agency | Obligated, FY2026–FY2027 | Share |
|---|---|---|---|
| 1 | Department of Agriculture | $42,782,294 | |
| 2 | Department of the Navy | $7,757,526 | |
| 3 | Department of the Army | $7,485,572 | |
| 4 | Air Force | $5,564,359 | |
| 5 | Department of the Interior | $4,258,807 | |
| 6 | Department of State | $417,355 | |
| 7 | Department of Veterans Affairs | $296,965 | |
| 8 | Department of Justice | $253,494 | |
| 9 | Department of Homeland Security | $236,089 | |
| 10 | National Gallery of Art | $24,916 |
Top PSC codes by obligations
| Rank | PSC code | Obligated, FY2026–FY2027 | Share |
|---|---|---|---|
| 1 | W037 Lease or Rental of Equipment: Agricultural Machinery and Equipment | $30,123,671 | |
| 2 | W038 Lease or Rental of Equipment: Construction, Mining, Excavating, and Highway Maintenance Equipment | $17,185,384 | |
| 3 | W099 Lease or Rental of Equipment: Miscellaneous | $13,858,883 | |
| 4 | W039 Lease or Rental of Equipment: Materials Handling Equipment | $2,469,796 | |
| 5 | 3895 Miscellaneous Construction Equipment | $1,918,252 | |
| 6 | 3805 Earth Moving and Excavating Equipment | $743,871 | |
| 7 | W043 Lease or Rental of Equipment: Pumps and Compressors | $483,301 | |
| 8 | Z1AZ Maintenance of Other Administrative Facilities and Service Buildings | $276,918 | |
| 9 | 5680 Miscellaneous Construction Materials | $272,545 | |
| 10 | W024 Lease or Rental of Equipment: Tractors | $240,234 |
Contract obligations by state
| Rank | Place of performance | Obligated, last 12 months | Share |
|---|---|---|---|
| 1 | Oregon | $19,926,176 | |
| 2 | Washington | $12,333,998 | |
| 3 | Utah | $4,489,981 | |
| 4 | California | $4,016,121 | |
| 5 | Montana | $3,352,364 | |
| 6 | Minnesota | $2,916,395 | |
| 7 | New Mexico | $1,941,048 | |
| 8 | Arizona | $1,312,000 | |
| 9 | Nevada | $1,260,096 | |
| 10 | Idaho | $1,256,703 | |
| 11 | Oklahoma | $751,189 | |
| 12 | Louisiana | $633,835 | |
| 13 | Mississippi | $615,355 | |
| 14 | Alaska | $612,643 | |
| 15 | Illinois | $465,902 | |
| 16 | Florida | $456,010 | |
| 17 | Tennessee | $440,000 | |
| 18 | Indiana | $421,643 | |
| 19 | Colorado | $397,149 | |
| 20 | Connecticut | $323,477 | |
| 21 | Missouri | $192,300 | |
| 22 | Georgia | $174,849 | |
| 23 | Maryland | $145,803 | |
| 24 | Pennsylvania | $140,984 | |
| 25 | North Carolina | $111,110 | |
| 26 | South Carolina | $109,921 | |
| 27 | Nebraska | $102,203 | |
| 28 | Kansas | $101,350 | |
| 29 | Texas | $94,721 | |
| 30 | Michigan | $88,091 | |
| 31 | Kentucky | $85,435 | |
| 32 | New York | $74,421 | |
| 33 | North Dakota | $71,827 | |
| 34 | Arkansas | $57,400 | |
| 35 | Hawaii | $44,094 | |
| 36 | District of Columbia | $37,263 | |
| 37 | Puerto Rico | $34,110 | |
| 38 | Ohio | $23,178 | |
| 39 | West Virginia | $18,855 | |
| 40 | Wyoming | $18,305 | |
| 41 | Virginia | $7,610 |
Show all 41
Shares are of everything obligated under NAICS 532412 in the last 12 months before deobligations, including work performed abroad or with no place of performance on record.
Contract opportunities
Show 39 more
Latest 49 of 2,698 listed here. See the rest on GovTribe.
Size standard history
Federal Register rules that named this code
Proposed size standard changes
| Proposed rule | Published | Comments |
|---|---|---|
| Small Business Size Standards: Monetary-Based Industry Size Standards | Closed Oct 21, 2025No final rule found |
From the NAICS codes each rule's amendments to 13 CFR 121.201 name. Rules that print their size standard tables as images aren't listed.
Quick answers
What is NAICS 532412?
NAICS 532412 is Construction, Mining, and Forestry Machinery and Equipment Rental and Leasing, a national industry in NAICS 53, Real Estate and Rental and Leasing.
What is the NAICS code for construction form rental?
The NAICS code for construction form rental is 532412, Construction, Mining, and Forestry Machinery and Equipment Rental and Leasing.
What is the NAICS code for welding equipment rental or leasing?
The NAICS code for welding equipment rental or leasing is 532412, Construction, Mining, and Forestry Machinery and Equipment Rental and Leasing.
What is the NAICS code for crane rental or leasing without operator?
The NAICS code for crane rental or leasing without operator is 532412, Construction, Mining, and Forestry Machinery and Equipment Rental and Leasing.
When did the size standard for NAICS 532412 last change?
The most recent Federal Register rule on record that names NAICS 532412 in the SBA's size standards is "Small Business Size Standards: Adjustment of Monetary-Based Size Standards, Disadvantage Thresholds, and 8(a) Eligibility Thresholds for Inflation" (87 FR 69118), published Nov 17, 2022 and effective Dec 19, 2022.
How much do federal agencies spend under NAICS 532412?
Federal contracts under NAICS 532412 obligated $78,600,213 in fiscal year 2025 and $313,506,443 in fiscal years 2023 through 2027.
Who are the largest contractors under NAICS 532412?
The contractors with the most obligated under NAICS 532412 in fiscal years 2026 and 2027 are Axsus Enterprises LLC ($8,512,462); BFC Limited, LLC ($5,955,423); and SKO Enterprises Inc. ($5,372,988).
Which agencies buy the most under NAICS 532412?
The agencies that obligated the most under NAICS 532412 in fiscal years 2026 and 2027 are Department of Agriculture ($42,782,294), Department of the Navy ($7,757,526) and Department of the Army ($7,485,572).
Which PSC codes are used with NAICS 532412?
The PSC codes with the most obligated under NAICS 532412 in fiscal years 2026 and 2027 are W037 Lease or Rental of Equipment: Agricultural Machinery and Equipment; W038 Lease or Rental of Equipment: Construction, Mining, Excavating, and Highway Maintenance Equipment; and W099 Lease or Rental of Equipment: Miscellaneous.
Where is the work under NAICS 532412 performed?
By place of performance, the states with the most contract obligations under NAICS 532412 over the last 12 months are Oregon ($19,926,176), Washington ($12,333,998) and Utah ($4,489,981).
What is the latest contract opportunity under NAICS 532412?
The latest contract opportunity under NAICS 532412 is CA-havasu NWR-heavy equipment rental, award notice, posted October 28, 2026.
On GovTribe
See everything under NAICS 532412
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