Knit Fabric Mills — NAICS 313240

Browse federal contract opportunities classified under NAICS code 313240 (Knit Fabric Mills). Find active solicitations on SAM.gov, understand size standards, and discover set-aside opportunities for your business.

0
Active Now
$41K
Median Contract
~3
Awards / Month
13
Competitors
95%
Small Business

About NAICS 313240

Knit Fabric Mills. This industry falls under the Manufacturing sector (NAICS codes beginning with 31).

Federal agencies use NAICS code 313240 when posting contract opportunities on SAM.gov to classify the type of work being solicited. Businesses that operate in the knit fabric mills space should include this code in their SAM.gov registration and capability statements to ensure they appear in relevant searches.

How to Use NAICS 313240 in Federal Contracting

To compete for federal contracts under NAICS 313240, your business should be registered in SAM.gov with this NAICS code listed in your entity profile. When agencies post solicitations for knit fabric mills work, they reference this code to determine the applicable small business size standard and any set-aside eligibility.

If you hold certifications such as 8(a), HUBZone, SDVOSB, or WOSB, you may be eligible for set-aside contracts under this NAICS code. These set-asides limit competition to certified small businesses, giving you a significant advantage in winning federal work.

FedOverwatch monitors SAM.gov daily and can automatically match you with new opportunities under NAICS 313240. Set up your profile with your NAICS codes and certifications to receive personalized contract alerts.

NAICS 313240 Market Intelligence

Based on 3 years of federal award data from USAspending.gov, the knit fabric mills market has seen 101 contract awards totaling $10.5M in value. The median contract size is $41K, with approximately 3 new awards per month.

Total Awards (3yr)

101

Total Value

$10.5M

Median Contract

$41K

Competitors

13

Contract value distribution

$11K$41K median$245K
Small business set-aside rate95% of awards

96 small business awards ($10.4M total value,$42K median)

13 companies compete for NAICS 313240 contracts

See who's winning, their award values, and where you fit in the market

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Size Standards

The SBA establishes size standards for each NAICS code to define what qualifies as a "small business" for federal contracting purposes. For NAICS 313240 (Knit Fabric Mills), the size standard is based on either average annual receipts or number of employees, depending on the specific industry. Meeting the size standard for your primary NAICS code is required to qualify for small business set-aside contracts.

Visit the SBA Size Standards Table to find the current threshold for NAICS 313240.

Recent NAICS 313240 Opportunities

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Frequently Asked Questions

What is NAICS code 313240?
NAICS code 313240 represents "Knit Fabric Mills" in the North American Industry Classification System. Knit Fabric Mills. This code is used by federal agencies on SAM.gov to classify contract opportunities so businesses in the knit fabric mills industry can find relevant solicitations.
How many federal contracts use NAICS 313240?
There are currently 0 active federal contract opportunities on SAM.gov that use NAICS code 313240 (Knit Fabric Mills). Over the past 3 years, there have been 101 awards totaling $10.5M, with a median contract value of $41K. Approximately 3 new contracts are awarded each month in this NAICS code. FedOverwatch tracks these opportunities in real time so you never miss a relevant contract.
How to find contracts for NAICS 313240?
You can find federal contracts for NAICS 313240 by searching SAM.gov directly, or by using FedOverwatch to get automatic matches. FedOverwatch monitors SAM.gov continuously and alerts you when new knit fabric mills opportunities are posted that match your profile, certifications, and set-aside eligibility.
What is the SBA size standard for NAICS 313240?
The SBA assigns size standards to each NAICS code to determine whether a business qualifies as "small" for federal set-aside contracts. Size standards for NAICS 313240 (Knit Fabric Mills) are based on either annual revenue or number of employees, depending on the industry. Check the SBA's size standards table at sba.gov for the most current thresholds for this code.

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