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PSC R703

Federal procurement snapshot for PSC R703.

Award Count: 33,757
Obligations: $8,537,498,509.23

PSC Overview

PSC Code
R703
Description
ACCOUNTING SERVICES
Explanation
PSC R703 covers ACCOUNTING SERVICES, which identifies a specific federal buying category rather than a broad industry label. A user should read this code as a way to group similar contract actions and analyze spending, vendors, and demand within that procurement segment.
Award Count
33,757
Total Obligations
$8,537,498,509.23

Analyst Note

This PSC item page gives a direct reference view for one Product Service Code from FPDS data.

Why It Matters

PSC codes are used to classify what the government bought, making them useful for market segmentation and procurement analysis.

Methodology

This page is derived from the PSC index artifact generated from grouped FPDS award data.

How to Use This PSC

  • Use PSC R703 as a category filter when analyzing federal contract spending.
  • Compare agencies and vendors operating within the same PSC classification.
  • Track award volume and obligations for this procurement category over time in FPDS Query.
  • Use this code together with NAICS, agency, and date filters to narrow the market view.