GETWAB

02 / Market Size

How large is the NAICS 523150 federal market?

Net obligations$905.73M
Contract actions28
Vendors4
Federal customers3
Contracting offices3
Average action$32.35M
Largest action$484.65M
Data coverageFY 2019–FY 2025

03 / Spending Trend

NAICS 523150 contract spending by fiscal year

Annual obligations, activity, and participation across the same FY 2019–FY 2025 profile window.

Latest closed fiscal year$86.85M
FY 2025
Fiscal yearObligationsActionsVendorsCustomersChange
FY 2019$0000
FY 2020$0000
FY 2021$0000
FY 2022$0000
FY 2023$28.97M332
FY 2024$789.92M1232+2,627.0%
FY 2025$86.85M1321−89.0%

04 / Top Federal Customers

Which federal agencies buy most in this industry?

Ranked by net obligations during FY 2019–FY 2025.

Federal customerCodeObligationsActionsVendorsMarket share
HOUSING AND URBAN DEVELOPMENT, DEPARTMENT OF8600$905.57M262100.0%
OFFICE OF THE COMPTROLLER OF THE CURRENCY2046$110.4K110.0%
DEPT OF THE ARMY2100$50.1K110.0%

05 / Contracting Offices

Which contracting offices buy in NAICS 523150?

Ranked by net obligations during FY 2019–FY 2025.

06 / Top Vendors

Which contractors lead the NAICS 523150 market?

VendorObligationsActionsCustomersMarket shareLatest activity
CARRINGTON MORTGAGE SERVICES LLC$837.22M17192.4%Sep 30, 2025
SELENE FINANCE LP$68.36M917.5%Jul 23, 2025
CHARLES SCHWAB & CO., INC$110.4K110.0%Nov 20, 2023
CUMBERLAND SEPTIC SERVICES INC$50.1K110.0%Feb 14, 2023

07 / Product and Service Mix

What products and services are purchased under NAICS 523150?

PSCDescriptionObligationsActionsVendorsShare
R408SUPPORT- PROFESSIONAL: PROGRAM MANAGEMENT/SUPPORT$905.57M262100.0%
R710SUPPORT- MANAGEMENT: FINANCIAL$110.4K110.0%
W023LEASE OR RENTAL OF EQUIPMENT- GROUND EFFECT VEHICLES, MOTOR VEHICLES, TRAILERS, AND CYCLES$50.1K110.0%

08 / Buying Pattern

How does the government buy in NAICS 523150?

Not available for competition92.9%26 actions
Competed under SAP7.1%2 actions
Other than small business share100.0%$905.73M
Common action typeObligationsActions
DEFINITIVE CONTRACT$905.68M27
PURCHASE ORDER$50.1K1

09 / Recent Contract Awards

What was awarded most recently in NAICS 523150?

10 / Market Interpretation

How should contractors evaluate this market?

01

Start with the spending direction

Compare annual obligations with actions and vendor participation. Growth driven by only a few large actions represents a different opportunity from broad, recurring demand.

02

Follow the actual buyers

Move from federal customers to contracting offices. Offices reveal where acquisition responsibility and recurring purchasing activity are concentrated.

03

Measure accessible demand

Use competition, small-business participation, incumbent vendors, and PSC mix before treating the full $905.73M market as addressable.