For many years it was stated if a company, especially a small business, had too many NAICS Codes listed on its profile, it was an indication their attention was ‘all over the map.’ In actuality, having too few could mean someone doesn’t understand how NAICS Codes are used.
Do you know the difference between a BOA, BPA and GWAC? Understand how agencies leverage Purchase Orders versus Delivery and Task Orders? You’re far from alone if you don’t. However, if you have responsibility for consuming procurement data in the course of developing and implementing strategy to find and win federal contracts (and subcontracts) you might want to ensure you know what you’re looking at, for the sake of money, risk and time.