NAICS 92113 - Public Finance Activities

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Related NAICS Codes for NAICS 92113

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NAICS Code Industry Title
921130 Public Finance Activities

What is NAICS 92113

NAICS code 92113 encompasses public finance activities, which primarily involve the management, planning, and advisory services related to government financial operations. This sector includes entities that assist government agencies in budgeting, debt issuance, investment management, and financial policy analysis. Businesses operating under this code provide critical support in optimizing public funds, ensuring compliance with regulatory standards, and facilitating capital projects through effective financial strategies. Government agencies contract for these services to enhance fiscal responsibility, improve financial transparency, and support economic development initiatives. These activities are essential for maintaining the financial health of public entities and for enabling large-scale infrastructure and community projects.

Breakdown for NAICS 92113

  • Involves advisory and management services related to government financial operations.
  • Includes activities such as budgeting, debt issuance, and investment management for public entities.
  • Supports government agencies in maintaining fiscal responsibility and transparency.
  • Typical contract sizes vary from small consulting projects to multi-million dollar engagements.
  • Procurement methods include competitive bidding and sole-source contracts for specialized expertise.

Included Activities for NAICS 92113

  • Advising on public debt issuance and bond structuring.
  • Developing and managing government budgets and financial plans.
  • Conducting financial policy analysis and economic impact assessments.
  • Providing investment management and treasury services for public funds.
  • Preparing financial reports and audits for government agencies.
  • Assisting with regulatory compliance and risk management in public finance.
  • Supporting capital project financing and funding strategies.
  • Offering training and capacity-building in public financial management.

Business Types for NAICS 92113

  • Financial advisory firms specializing in public sector finance.
  • Municipal financial management consultants.
  • Investment management companies serving government clients.
  • Public finance authorities and agencies.
  • Accounting and auditing firms with a focus on government finance.
  • Economic and fiscal policy research organizations.

Government Buyers for NAICS 92113

Typical government buyers for NAICS 92113 services include municipal governments, state treasuries, public finance authorities, and federal agencies with budgetary responsibilities. These entities require expert assistance in managing public debt, issuing bonds, financial forecasting, and investment advisory to meet funding requirements and maintain creditworthiness. Contracting for these services allows government bodies to leverage specialized expertise that may not be available in-house, ensuring efficient allocation of public resources and compliance with complex financial regulations.

Contract Types & Procurement for NAICS 92113

Contracts under NAICS 92113 often take the form of fixed-price agreements, cost-reimbursement contracts, or time-and-materials arrangements depending on the project scope. Procurement methods include competitive bidding, requests for proposals (RFPs), and sole-source contracts when specialized expertise is necessary. Typical contract values can range widely, from smaller consulting engagements valued at tens of thousands of dollars to multi-million dollar contracts for large-scale bond issuance advisory or comprehensive financial management projects. Long-term agreements are common to support ongoing financial advisory needs.

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