NAICS Code 523150-03 - Bonds-Construction

Marketing Level - NAICS 8-Digit

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  • Company Name
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  • Job Title (where available)
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  • Business Phone Number
  • Industry Codes (Primary and Secondary SIC & NAICS Codes)
  • Sales Volume
  • Employee Count
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Looking for more companies? See NAICS 523150 - Investment Banking and Securities Intermediation - 5,538 companies, 123,741 emails.

NAICS Code 523150-03 Description (8-Digit)

Bonds-Construction is a subdivision of the Investment Banking and Securities Intermediation industry that involves the underwriting and distribution of bonds for construction projects. This industry plays a crucial role in financing construction projects by providing capital to contractors and developers. Bonds-Construction firms act as intermediaries between issuers of bonds and investors, helping to facilitate the sale of bonds to finance construction projects.

Parent Code - Official US Census

Official 6‑digit NAICS codes serve as the parent classification used for government registrations and documentation. The marketing-level 8‑digit codes act as child extensions of these official classifications, providing refined segmentation for more precise targeting and detailed niche insights. Related industries are listed under the parent code, offering a broader context of the industry environment. For further details on the official classification for this industry, please visit the U.S. Census Bureau NAICS Code 523150 page

Tools

Tools commonly used in the Bonds-Construction industry for day-to-day tasks and operations.

  • Surety bonds
  • Bid bonds
  • Performance bonds
  • Payment bonds
  • Maintenance bonds
  • Completion bonds
  • Subdivision bonds
  • License and permit bonds
  • Site improvement bonds
  • Environmental bonds

Industry Examples of Bonds-Construction

Common products and services typical of NAICS Code 523150-03, illustrating the main business activities and contributions to the market.

  • Infrastructure construction bonds
  • Commercial construction bonds
  • Residential construction bonds
  • Public works construction bonds
  • Transportation construction bonds
  • Energy construction bonds
  • Water and wastewater construction bonds
  • Education construction bonds
  • Healthcare construction bonds
  • Sports and entertainment construction bonds

History

A concise historical narrative of NAICS Code 523150-03 covering global milestones and recent developments within the United States.

  • The "Bonds-Construction" industry has a long history dating back to the 19th century when the first municipal bonds were issued to finance public works projects. In the early 20th century, the construction of highways and bridges led to the issuance of bonds to finance these projects. The industry continued to grow in the mid-20th century with the construction of large infrastructure projects such as airports and dams. In recent years, the industry has seen a surge in demand due to the need for financing for green energy projects and sustainable infrastructure. In the United States, the industry has been impacted by the 2008 financial crisis, which led to a decrease in demand for bonds. However, the industry has since rebounded and is expected to continue to grow in the coming years due to increased investment in infrastructure projects.