Mastering NAICS CODES to Secure Government Contracts
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- เผยแพร่เมื่อ 6 ก.พ. 2025
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Thanks for watching The TRUTH About NAICS Codes in Government Contracting: A Definitive Guide
It's important to understand how NAICS codes affect your business as a new government contractor. With the understanding that Derek provides in this definitive guide, you will be able to position your small business strategically for growth.
SBA Size Standard Table NAICS Codes Download Table: www.sba.gov/do...
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Thanks! I needed this info to make sure I'm going in the right direction.
Happy it helped
Gold as usual, thanks Derek!
My pleasure!
Thanks Derek, this was helpful..
Glad it was helpful
Thanks Derek! Super helpful information!
Glad you enjoyed it!
Thank you Derek
this was amazing!!! I will purchase the book and want to continue with free training and upcoming 1 hr training
Have question from the 14:45 mark to 115:08. Thanks
Glad you enjoyed it! All the resources you referenced are at govkidmethod.com
thanx🥰
Derek, thanks for the podcast and solid information about the NAICS codes. Your videos have been exceptionally helpful as we learn more about the space.
We’re just getting into a federal contracting space and building out the criteria of the types of codes. We want to go after using the middleman strategy. Or incorporating the blue ocean methodology and looking for codes that have low barriers entry that can be scalable with ticket items within the SAP guidelines.
We’re looking for ones also that have low competition. Using a criteria like that what are some codes that come to mine that you think would be operating in the blue ocean?
I understand the questions, but you can't really lean into the question that way. The reason is every contracting officer treats every NAICS codes differently, even though the NAICS codes themselves are "different from eachother". One CO could put a job under one code, and another put the same job under a different code. This is why I say literally every bid is different. The only way to find answers is in the trenches. Very quickly, planning, spreadsheets, and "niching down" goes out the window, and you have to look at every job individually as if you were shopping for your next house. As I share in my book, we are not romantical about the industry, we are romantical about the deal. Maybe one industry (Naics codes) seems like blue ocean for one bid, but the next bid you can't find subcontractors for it because it's so remote. Multiple factors are at work simultaneously. So, since we have to look at every deal individually, this massively increases the importance of our ability to quickly find opportunities and make bid/no-bid decisions. We have to do the unscalable, but at least we can good really good at it.
What is a naics code for facility support/ that’s basically what I want to do facilitate all services facilities need.
I've included the NAICS Code Size Standard Table link in the video description
A bit off today's topic Derek, regarding wage determination. If doing legal middlemanning as a Prime using a Sub. Should i ask the Sub to ensure they are paying their employees in compliance with the wage determination? Ask for evidence of this maybe so i can be sure this does not come back to bite me in the future? Thanks
A WD is not always in effect. If it is, that is a good idea once the contract has gone into motion.
@@GovKidMethod thanks for the prompt reply and for the advice! Any idea when you will be running your twice weekly zoom meetings? Would love to participate as I'm brand new !
Will like to over hour training!
Question: I am a woman owned, one person, LLC with no employees yet. I only made 60k in 2018-2020. Can I be considered for contracts under "small business and, woman owned business" and win? I will be using the Middleman Method? Thanks
You will have to apply to receive the WOSB cert. But other than that, your revenue and employees size doesn’t matter.