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PSC W031

Federal procurement snapshot for PSC W031.

Award Count: 21
Obligations: $666,119.34

PSC Overview

PSC Code
W031
Description
LEASE OR RENTAL OF EQUIPMENT- BEARINGS
Explanation
PSC W031 covers lease or rental arrangements for OR RENTAL OF EQUIPMENT- BEARINGS, which means the government is paying for temporary use rather than outright ownership. In procurement analysis, this helps separate access-based contracting from direct capital purchases.
Award Count
21
Total Obligations
$666,119.34

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 W031 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.