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PSC V124

Federal procurement snapshot for PSC V124.

Award Count: 30,563
Obligations: $46,825,891,525.98

PSC Overview

PSC Code
V124
Description
TRANSPORTATION/TRAVEL/RELOCATION- TRANSPORTATION: MARINE CHARTER
Explanation
PSC V124 falls under the transportation, travel, or relocation family, specifically TRANSPORTATION: MARINE CHARTER. In procurement terms, this category is used for movement, charter, freight, or related logistics services rather than a supply item.
Award Count
30,563
Total Obligations
$46,825,891,525.98

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 V124 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.