NAICS 521110
Monetary Authorities-Central Bank
Explore obligations, trends, recent awards, and incumbent contractors for NAICS 521110.
NAICS 521110 federal market metrics
- Total obligations
- $2.8M
- Total awards
- 68 awards
- Active obligations
- $0
What this NAICS covers
NAICS 521110 covers central banking functions such as setting and implementing monetary policy, managing official reserves, overseeing payment and settlement systems, and administering currency issuance and retirement as a public financial authority.
Federal opportunities under 521110 typically involve operational support or program delivery directly tied to central bank responsibilities, including monetary statistics production, reserve accounting, payment system services, currency lifecycle management, and regulatory reporting for central banking operations.
FY2024 snapshot
- Obligations
- $13.9K
- Awards
- 1
- Average award
- $13.9K
Federal obligation trend
FY2022
$25K · 1 award
FY2024
$13.9K · 1 award
FAQ
What work fits NAICS 521110?
- Produce and maintain monetary aggregates and central-bank statistical reports used for policy analysis and internal decision records.
- Operate, modernize, or provide technical services for interbank payment and settlement platforms that perform clearing and settlement functions.
- Administer reserve accounting and custodial recordkeeping for official foreign exchange and domestic reserve holdings.
- Manage currency lifecycle tasks tied to central bank authority such as issuance scheduling, authentication controls, and end-of-life currency retirement oversight.
When is NAICS 521110 a weak fit?
- Commercial banking services: activities focused on retail deposit-taking, consumer lending, branch operations, and customer account servicing lack central bank policy or system responsibilities and belong to commercial banking sectors.
- Currency manufacturing: physical production and printing of coins or banknotes is manufacturing and industrial production activity rather than central bank administrative or monetary-policy functions.
- Private investment management: portfolio management for private funds or asset managers does not include monetary policy implementation or official reserve administration that define central banking work.
What solicitation language points to NAICS 521110?
- Scope references delivery of monetary statistics, reserve accounting, payment system operations, or currency lifecycle management rather than commercial banking products.
- Deliverables specify reserve ledgers, settlement performance SLAs, DCP-style file exchanges for interbank clearing, or periodic monetary aggregates reporting.
- Labor categories request macroeconomists, payment system engineers, reserve accountants, currency operations managers, or deliverables tied to central bank policy processes.
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