NAICS Code 541618-22 - Government-Contract Consultants

Marketing Level - NAICS 8-Digit

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NAICS CODE 541618-22
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NAICS Code 541618-22 Description (8-Digit)

Government-Contract Consultants are professionals who provide consulting services to government agencies and departments. These consultants work with government officials to help them make informed decisions and improve their operations. They provide expertise in a range of areas, including management, finance, human resources, information technology, and more. Government-Contract Consultants are typically hired on a project basis and work closely with government officials to identify areas for improvement and develop strategies to address them. They may also provide training and support to government employees to help them implement new processes and procedures.

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 541618 page

Tools

Tools commonly used in the Government-Contract Consultants industry for day-to-day tasks and operations.

  • Government contracting software
  • Project management software
  • Financial analysis software
  • Data analytics tools
  • Risk management software
  • Human resources management software
  • Information technology tools
  • Communication tools
  • Collaboration tools
  • Presentation software

Industry Examples of Government-Contract Consultants

Common products and services typical of NAICS Code 541618-22, illustrating the main business activities and contributions to the market.

  • Government procurement consulting
  • Public policy consulting
  • Strategic planning consulting
  • Financial management consulting
  • Human resources consulting
  • Information technology consulting
  • Risk management consulting
  • Performance management consulting
  • Organizational development consulting
  • Change management consulting

History

A concise historical narrative of NAICS Code 541618-22 covering global milestones and recent developments within the United States.

  • The "Government-Contract Consultants" industry has a long history dating back to the early 20th century when the US government began to outsource certain services to private contractors. During World War II, the industry experienced significant growth as the government relied heavily on contractors to provide goods and services to the military. In the 1960s and 1970s, the industry expanded as the government began to outsource more services to private contractors, including consulting services. In recent years, the industry has continued to grow as the government has increasingly turned to private contractors to provide a wide range of services, from IT consulting to logistics support. In the United States, the "Government-Contract Consultants" industry has seen significant growth in recent years. In 2019, the industry generated over $5 billion in revenue, up from $4.5 billion in 2014. This growth has been driven by a number of factors, including increased government spending on consulting services, the growing complexity of government contracts, and the increasing use of technology in government operations. The industry has also benefited from the trend towards outsourcing in the public sector, as government agencies have sought to reduce costs and improve efficiency by contracting out certain services to private firms. Despite some challenges, such as increased competition and regulatory scrutiny, the "Government-Contract Consultants" industry is expected to continue to grow in the coming years.