Industrial Supplies Merchant Wholesalers — NAICS 423840
Browse federal contract opportunities classified under NAICS code 423840 (Industrial Supplies Merchant Wholesalers). Find active solicitations on SAM.gov, understand size standards, and discover set-aside opportunities for your business.
About NAICS 423840
Industrial Supplies Merchant Wholesalers. This industry falls under the Wholesale Trade sector (NAICS codes beginning with 42).
Federal agencies use NAICS code 423840 when posting contract opportunities on SAM.gov to classify the type of work being solicited. Businesses that operate in the industrial supplies merchant wholesalers space should include this code in their SAM.gov registration and capability statements to ensure they appear in relevant searches.
How to Use NAICS 423840 in Federal Contracting
To compete for federal contracts under NAICS 423840, your business should be registered in SAM.gov with this NAICS code listed in your entity profile. When agencies post solicitations for industrial supplies merchant wholesalers 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 423840. Set up your profile with your NAICS codes and certifications to receive personalized contract alerts.
NAICS 423840 Market Intelligence
Based on 3 years of federal award data from USAspending.gov, the industrial supplies merchant wholesalers market has seen 71,525 contract awards totaling $65.8M in value. The median contract size is $86, with approximately 1,987 new awards per month.
Total Awards (3yr)
71,525
Total Value
$65.8M
Median Contract
$86
Competitors
142
Contract value distribution
71,375 small business awards ($60.0M total value,$90 median)
142 companies compete for NAICS 423840 contracts
See who's winning, their award values, and where you fit in the market
Explore CompetitorsSize Standards
The SBA establishes size standards for each NAICS code to define what qualifies as a "small business" for federal contracting purposes. For NAICS 423840 (Industrial Supplies Merchant Wholesalers), 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 423840.
Recent NAICS 423840 Opportunities
View all →Frequently Asked Questions
What is NAICS code 423840?
How many federal contracts use NAICS 423840?
How to find contracts for NAICS 423840?
What is the SBA size standard for NAICS 423840?
Get NAICS 423840 contracts delivered to your inbox
Set up your profile with your NAICS codes and certifications, and FedOverwatch will automatically match you with relevant industrial supplies merchant wholesalers opportunities as they're posted on SAM.gov.