PSC W055 - LEASE OR RENTAL OF EQUIPMENT- LUMBER, MILLWORK, PLYWOOD, AND VENEER
Classification & Hierarchy for PSC W055
The classification hierarchy shows how this PSC code fits within the broader federal procurement structure.
- Level 1 Spend Category:
- 4 Facilities & Construction
- Level 2 Spend Category:
- 4.5 Facilities Purchase & Lease
- Parent PSC Code:
- W0 LEASE OR RENTAL OF EQUIPMENT
- Active Since:
- October 1, 2011
- Last Updated:
- April 30, 2024
Overview for PSC W055
Typical Buyers & Agencies for PSC W055
Common Contract Types for PSC W055
Plain-Language Breakdown for PSC W055
- Covers lease or rental of equipment for lumber, millwork, plywood, and veneer applications.
- Used primarily by federal agencies involved in construction, maintenance, and infrastructure projects.
- Enables flexible, short to medium-term access to specialized wood-processing equipment.
- Contracts typically involve firm-fixed-price or IDIQ leasing agreements.
- Aligns with NAICS codes related to wood product manufacturing and equipment rental.
- Supports cost-effective project execution without long-term equipment ownership.
Related Categories for PSC W055
Other categories at the same level as W055
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