5419 - Other Professional, Scientific, and Technical Services
When navigating the complex world of government contracting and industry classification, understanding NAICS codes is essential. One such critical classification is NAICS code 5419, titled Other Professional, Scientific, and Technical Services. This sector plays a vital role in the business ecosystem by encompassing a diverse range of specialized services that don’t neatly fit into the more common technical categories. Whether you're a business owner, government contractor, or industry analyst, grasping the nuances of NAICS 5419 will give you a competitive edge.
What is NAICS Code 5419?
NAICS code 5419 includes establishments primarily engaged in providing professional, scientific, and technical services that are not classified elsewhere. This means if a business offers specialized consulting, testing, or technical services outside the scope of other professional categories, it likely falls under this code.
Industry Definition
This category includes a variety of professional services such as:
- Specialized consulting services
- Testing services
- Other technical services not included in previous subcategories
Sector: Professional, Scientific, and Technical Services
NAICS 5419 is a sub-sector under the broader Professional, Scientific, and Technical Services sector (NAICS 54), which is known for businesses requiring advanced knowledge and expertise in fields like engineering, law, accounting, and management consulting.
Typical Business Activities in 5419 Include:
- Environmental consulting services
- Translation and interpretation services
- Patent brokerage and licensing services
- Scientific and technical consulting not elsewhere classified
- Quality control and product testing services
- Other specialized technical services
Size Standards for NAICS 5419
Understanding the size standards is crucial, especially for small businesses seeking eligibility for government contracts or SBA programs. The size standards specify the maximum number of employees or annual revenue that qualifies a business as "small" under this NAICS code.
- Size Standard: Typically, the size standard for NAICS 5419 is $16.5 million in average annual receipts.
- This may vary with updates from the SBA or government agencies, so it’s advisable to verify current standards on official resources.
Examples of Businesses Under NAICS Code 5419
Here are some concrete examples of businesses classified under this NAICS code:
- Environmental Consulting Firms offering assessments, compliance consulting, and environmental monitoring
- Translation and Interpretation Services specializing in legal, medical, or technical document translation
- Patent Brokerage and Licensing Service Providers assisting with intellectual property sales and licensing agreements
- Specialized scientific testing laboratories offering product and material quality control
NAICS Code 5419 Details Table
Attribute | Details |
---|---|
NAICS Code | 5419 |
Industry Title | Other Professional, Scientific, and Technical Services |
Sector | Professional, Scientific, and Technical Services |
Description | Establishments providing specialized professional, scientific, and technical services not elsewhere classified |
Typical Business Types | Environmental consulting, Translation & interpretation, Patent brokerage and licensing |
Size Standard | $16.5 million average annual receipts (subject to updates) |
Primary Activities | Specialized consulting, testing services, technical advisory |
Related NAICS Sector Code | 54 |
Frequently Asked Questions (FAQ)
1. What kinds of businesses fit into NAICS code 5419?
Businesses providing professional, scientific, or technical services that don't fall under other more specific NAICS codes, such as environmental consultants, patent brokers, or translation services.
2. How can I find out if my business qualifies under NAICS 5419?
Review your primary business activities and compare them to the description of services under NAICS 5419. You can also consult the official NAICS website or your industry association.
3. Why is knowing my NAICS code important?
Your NAICS code helps identify your business for government contracts, grants, and economic analysis. It plays a key role in eligibility for small business programs and contracting opportunities.
4. Are there size standards for NAICS 5419 businesses?
Yes, the standard is typically $16.5 million in average annual receipts to qualify as a small business in this category, used for SBA and government contracting purposes.
5. Where can I verify the most current information about NAICS 5419?
The U.S. Census Bureau and Small Business Administration (SBA) websites provide official and up-to-date NAICS information and size standards.
Conclusion
NAICS code 5419 - Other Professional, Scientific, and Technical Services is a key classification encompassing a broad array of specialized professional services. Whether you’re launching a business, seeking government contracts, or analyzing market trends, understanding this NAICS code can unlock new opportunities and ensure compliance with federal standards.
Harness the potential of NAICS 5419 by aligning your business activities correctly, staying updated on size standards, and exploring the unique consulting and technical service categories within this versatile sector.
Keywords: NAICS 5419, Other Professional Scientific and Technical Services, NAICS code, professional services, scientific services, technical services, government contracting, size standards, environmental consulting, translation services, patent brokerage
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