UNSPSC 31381440: Plastic bonded off tool anisotropic 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 31381440

Definition

Plastic bonded anisotropic ferrite magnet that has been plastic bonded off-tool

About UNSPSC 31381440

UNSPSC 31381440 Plastic bonded off tool anisotropic ferrite magnet is a Commodity code that shows minimal recent state and local procurement activity aligned with its nominal scope. The single recent opportunity posted under this code is the City of Midland, Texas procurement of fire hydrants for the U25-01 Fire Hydrant Replacement Project—a solicitation plainly unrelated to plastic bonded ferrite magnets. The fire hydrant procurement itself is a straightforward municipal infrastructure purchase for physical water distribution equipment, not a materials or components buy that would align with the ferrite magnet category.

The City of Midland issued an IFB on March 26, 2026 seeking 71 fire hydrants (45 units at 4 feet, 20 units at 5 feet, and 6 units at 6 feet) with bids due April 9, 2026 through the Bonfire e-procurement platform. The procurement applied Texas local preference rules under Section 271.9051, permitting the City Council to award to a local bidder if their price fell within five percent of the lowest non-local bid. Bidders were required to submit itemized unit and extended pricing, product literature, delivery timelines, and brand identification, with F.O.B. Midland delivery and freight prepaid included in the bid price. Workers' compensation insurance and a Non-Collusion Statement were mandatory. No set-aside provisions for disadvantaged enterprises were specified. The code shows no meaningful recent activity in state and local procurement markets for plastic bonded ferrite magnets themselves; this fire hydrant posting appears to be a cataloging misalignment rather than a signal of genuine demand under the code.

Quick answers

What is UNSPSC 31381440?

UNSPSC 31381440 is Plastic bonded off tool anisotropic ferrite magnet, a commodity in UNSPSC 31000000, Manufacturing Components and Supplies.

Which NIGP codes match UNSPSC 31381440?

UNSPSC 31381440 maps to 1 NIGP code, 55330 Components, Manufacturing (Stamped, Formed, Welded).

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