Repossession Services — NAICS 561491

Browse federal contract opportunities classified under NAICS code 561491 (Repossession Services). Find active solicitations on SAM.gov, understand size standards, and discover set-aside opportunities for your business.

0
Active Now
$24K
Median Contract
~0
Awards / Month
4
Competitors
29%
Small Business

About NAICS 561491

Repossession Services. This industry falls under the Administrative and Support and Waste Management sector (NAICS codes beginning with 56).

Federal agencies use NAICS code 561491 when posting contract opportunities on SAM.gov to classify the type of work being solicited. Businesses that operate in the repossession services space should include this code in their SAM.gov registration and capability statements to ensure they appear in relevant searches.

How to Use NAICS 561491 in Federal Contracting

To compete for federal contracts under NAICS 561491, your business should be registered in SAM.gov with this NAICS code listed in your entity profile. When agencies post solicitations for repossession services 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 561491. Set up your profile with your NAICS codes and certifications to receive personalized contract alerts.

NAICS 561491 Market Intelligence

Based on 3 years of federal award data from USAspending.gov, the repossession services market has seen 7 contract awards totaling $227K in value. The median contract size is $24K, with approximately 0 new awards per month.

Total Awards (3yr)

7

Total Value

$227K

Median Contract

$24K

Competitors

4

Contract value distribution

$10K$24K median$69K
Small business set-aside rate29% of awards

2 small business awards ($26K total value,$13K median)

4 companies compete for NAICS 561491 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 561491 (Repossession Services), 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 561491.

Recent NAICS 561491 Opportunities

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Frequently Asked Questions

What is NAICS code 561491?
NAICS code 561491 represents "Repossession Services" in the North American Industry Classification System. Repossession Services. This code is used by federal agencies on SAM.gov to classify contract opportunities so businesses in the repossession services industry can find relevant solicitations.
How many federal contracts use NAICS 561491?
There are currently 0 active federal contract opportunities on SAM.gov that use NAICS code 561491 (Repossession Services). Over the past 3 years, there have been 7 awards totaling $227K, with a median contract value of $24K. Approximately 0 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 561491?
You can find federal contracts for NAICS 561491 by searching SAM.gov directly, or by using FedOverwatch to get automatic matches. FedOverwatch monitors SAM.gov continuously and alerts you when new repossession services opportunities are posted that match your profile, certifications, and set-aside eligibility.
What is the SBA size standard for NAICS 561491?
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 561491 (Repossession Services) 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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