Special Studies/Analysis- Economic

Code B507
Child
Spend Category Level 1
Professional Services
Spend Category Level 2
Management Advisory Services
Popular Federal Contract Opportunities
Not listed
Popular Federal Contract Awards
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PSC Category B507 covers Special Studies/Analysis focusing on Economic research and services. These studies typically involve comprehensive economic assessments, market research, data analysis, modeling, and strategic economic evaluations across various sectors and policy domains. The services range from detailed market analysis and trend forecasting to economic impact assessments and specialized research for government agencies.

Federal Contract Awards under this PSC category demonstrate significant diversity, with contract values ranging from approximately $30,000 to over $6.4 million. Frequently awarded entities include Industrial Economics Inc., Actuarial Research Corporation, ICF Incorporated, and universities such as University of South Carolina. Common funding agencies include the Internal Revenue Service, Department of Labor, Consumer Product Safety Commission, and Department of Agriculture. Most awards are firm fixed-price contracts with performance periods typically spanning one to five years. The majority of these awards do not have specific set-aside designations, allowing for open competition, though some small business set-asides are occasionally used.

Recent federal contract opportunities under PSC B507 include solicitations for specialized economic research and data services. Notable opportunities include the IRS seeking royalty and intellectual property database subscriptions, USAID requesting economic resilience assessments in Guinea, and the U.S. Army Corps of Engineers seeking waterborne trade and vessel movement data for economic evaluations. These opportunities span diverse requirements such as market research, economic impact analysis, technology startup ecosystem development, and comprehensive data collection across international and domestic contexts, reflecting the broad analytical capabilities encompassed by this PSC category.

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