NAICS 424720: Petroleum and Petroleum Products Merchant Wholesalers (except Bulk Stations and Terminals)
Petroleum and Petroleum Products Merchant Wholesalers (except Bulk Stations and Terminals) is NAICS code 424720. A business is small under it with 200 employees or fewer. 1 federal contract is open on SAM.gov under this code right now.
- SBA size standard
- 200 employees or fewer
- Open contracts now
- 1
- Federal spending, FY2025
- $6.3 million
- Share won by small businesses
- 6%
- Small businesses registered
- 686
Open federal contracts for petroleum and petroleum products merchant wholesalers (except bulk stations and terminals)
- Tanker Truck Fuel Pick-up
Due in 356 daysSep 26, 2027
What NAICS 424720 covers
The Census Bureau's NAICS index lists these kinds of work under 424720:
- Alternative fuels, blended with petroleum, merchant wholesalers (except bulk stations, terminals)
- Asphalt binder merchant wholesalers (except bulk stations, terminals)
- Asphalt, liquid, merchant wholesalers (except bulk stations, terminals)
- Biodiesel, blended with petroleum, merchant wholesalers (except bulk stations, terminals)
- Biofuels, blended with petroleum, merchant wholesalers (except bulk stations, terminals)
- Butane gas merchant wholesalers (except bulk stations, terminals)
- Crude oil merchant wholesalers (except bulk stations, terminals)
- Diesel fuel merchant wholesalers (except bulk stations, terminals)
- Ethanol, blended with petroleum, merchant wholesalers (except bulk stations, terminals)
- Fuel oil merchant wholesalers (except bulk stations, terminals)
- Fuel oil truck jobbers
- Fuel, aircraft, merchant wholesalers (except bulk stations, terminals)
- Fueling aircraft (except on contract basis), merchant wholesalers
- Gasohol merchant wholesalers (except bulk stations, terminals)
The index lists 22 entries for this code in all.
Read the full definition, including what's excluded, on census.gov.
SBA size standard for 424720
To count as a small business for a contract assigned NAICS 424720, your business must have 200 employees or fewer. Employees are averaged over the last 24 months.
From SBA's table of size standards, effective Mar 17, 2023. Confirm it with SBA's size standards tool before you certify your size.
Who buys petroleum and petroleum products merchant wholesalers (except bulk stations and terminals)
Agencies that awarded the most under NAICS 424720 over the last three fiscal years, per USAspending.gov:
| Agency | Obligated |
|---|---|
| Department of Energy | $55.5 million |
| Department of the Air Force | $9.6 million |
| Department of State | $5.1 million |
| U.S. Coast Guard | $1.5 million |
| Smithsonian Institution | $958,500 |
| Department of Veterans Affairs | $707,176 |
| Federal Law Enforcement Training Center | $618,234 |
| Department of the Army | $431,112 |
Open notices right now come from Department of Homeland Security (1).
Set-asides on open 424720 contracts
- Total small business set-aside: 1
Not sure which set-asides you qualify for? Try the free SBA certification screener, or read set-aside contracts, explained.
Your competition
686 businesses with active SAM.gov registrations are rated small under NAICS 424720, most of them in Texas (113), Florida (88), California (56), Georgia (28) and Virginia (28). Look any of them up with the free CAGE code and UEI lookup.
Federal spending under 424720 by year
| Fiscal year | Contract obligations |
|---|---|
| FY2024 | $7.5 million |
| FY2025 | $6.3 million |
| FY2026 | $62.9 million |
| FY2027 (so far) | $0 |
Source: USAspending.gov, all contract awards with this NAICS code. Fiscal years start October 1.
Related NAICS codes
Frequently asked questions
What is NAICS code 424720?
424720 is the 2022 NAICS code for Petroleum and Petroleum Products Merchant Wholesalers (except Bulk Stations and Terminals). The Census Bureau's index lists work such as alternative fuels, blended with petroleum, merchant wholesalers (except bulk stations, terminals), asphalt binder merchant wholesalers (except bulk stations, terminals), asphalt, liquid, merchant wholesalers (except bulk stations, terminals) under it. Federal contracting uses the 2022 codes.
What is the SBA size standard for NAICS 424720?
200 employees or fewer. A business at or under that is small for contracts assigned this code. The current SBA table took effect Mar 17, 2023.
Are there government contracts for petroleum and petroleum products merchant wholesalers (except bulk stations and terminals)?
Yes. 1 federal contract opportunities under NAICS 424720 are open on SAM.gov right now. Agencies obligated about $6.3 million under this code in fiscal year 2025, according to USAspending.gov.
How do I add NAICS code 424720 to my SAM.gov registration?
Update your entity registration on SAM.gov and add the code on the Goods and Services page, in the Assertions section. You can list several NAICS codes and mark one as your primary. Changes are free.
Keep going
- Search other NAICS codes by keyword or company
- How to choose NAICS codes for government contracts
- NAICS codes with the most open federal contracts
FedReady is an independent company, not affiliated with SBA, SAM.gov, the Census Bureau or any government agency. Open-contract counts come from SAM.gov and update daily; spending figures come from USAspending.gov.