NAICSNorth American Industry Classification System
A six-digit coding system used to classify business establishments by industry. Federal contracts specify NAICS codes to determine applicable small business size standards.
Related Terms
Small Business Concern
A business meeting SBA size standards (by revenue or employee count per NAICS code) eligible for set-aside contracts and small business programs.
Set-Aside
A procurement restricted to a specific category of small business (e.g., 8(a), HUBZone, SDVOSB, WOSB) to promote small business participation in federal contracting.
SAM
The System for Award Management — the official U.S. government website for entity registration, contract opportunity search, and federal award data.
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