This Type of Coding Error Could Cost You Government Business

May 13, 2020
Bidsync Industry Blog

When you first established your business, you were assigned a North American Industry Classification System (NAICS) code to help the government understand the primary type of work you do and the industry in which you operate. Likewise, when you first sign up for a government bid notification service such as BidSync, you’re asked to select the NIGP Codes that best classify the types of goods and/or services that your business offers. Both codes – though managed by different certifying bodies – help government agencies make eligibility determinations for procurement purposes, among other things.

Though you can’t do business with many federal or state government agencies in the U.S. without a NAICS code, you could technically conduct business activities with public sector entities without assigned NIGP Codes. But you shouldn’t, and here’s why:

In other words, taking a few minutes to add or update these classification codes in your BidSync profile and state and local agency vendor accounts could generate a significant return on investment (ROI) by returning even more bid opportunities, or more relevant opportunities, to your inbox each day.

Need help fixing your codes in your BidSync profile? Watch this video tutorial.

You can also contact our support team for assistance in updating your profile.