What is a PSC Code? How is it used in federal contracting?
If you read Guy Timberlake’s previous post about the North American Industrial Classification System or NAICS, you know these codes represent one of the tools used by government agencies to classify acquisitions and procurements for goods, services and solutions.
“One of the tools” because there is another classification system in use that is frequently misunderstood by many companies, or worse, not known to them whatsoever.
Unfortunately, lack of knowledge and a lack of understanding of these classification systems can cost your company time, money, situational awareness and visibility.
Why? They are key in how Government agencies describe requirements, and how Industry describes offerings agencies might buy in support of requirements.
Keep reading this article at: https://govconchannel.com/2015/03/15/product-and-service-code-govcon/