UNSPSC 31381412: Plastic bonded machined and coated isotropic ferrite magnet

Commodity

Code facts

NIGP codes
1

UNSPSC codes and definitions come from the UN Development Programme (managed by GS1 US), and state and local contract opportunities from the governments' procurement sites.

NIGP codes for 31381412

Definition

Plastic bonded isotropic ferrite magnet that has been machined and coated

About UNSPSC 31381412

UNSPSC 31381412 Plastic bonded machined and coated isotropic ferrite magnet is a Commodity code that sees limited recent state and local procurement activity. The single recent opportunity in the source—a fire hydrant procurement—appears to be misfiled under this magnetic-materials code and does not reflect actual buying patterns for plastic-bonded ferrite magnets in the state and local sector. The code's nominal scope (engineered magnetic components) does not align with the hydrant specification being solicited, suggesting either a cataloging error or a rare instance of magnetic-component integration in infrastructure procurement that is not typical of this code's market.

The City of Midland, Texas, acting on behalf of Mason County, posted an IFB on March 26, 2026 for 71 fire hydrants under project U25-01, with responses due April 9, 2026 through the Bonfire e-procurement platform. The solicitation called for 45 four-foot units, 20 five-foot units, and 6 six-foot units, delivered F.O.B. Midland with freight prepaid. Texas local preference provisions applied, allowing the City Council to award to a local bidder if their price fell within five percent of the lowest non-local bid. No MBE, WBE, DBE, or other set-asides were specified. Without additional recent opportunities in the source, the code shows minimal traceable activity in state and local procurement, and business development professionals should verify whether opportunities tagged under this code represent genuine demand for plastic-bonded ferrite magnets or routine miscoding of unrelated infrastructure goods.

Quick answers

What is UNSPSC 31381412?

UNSPSC 31381412 is Plastic bonded machined and coated isotropic ferrite magnet, a commodity in UNSPSC 31000000, Manufacturing Components and Supplies.

Which NIGP codes match UNSPSC 31381412?

UNSPSC 31381412 maps to 1 NIGP code, 55330 Components, Manufacturing (Stamped, Formed, Welded).

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