PSC V124: Transportation/Travel/Relocation – Transportation: Marine Charter
V124 is the product and service code (PSC) federal agencies use for transportation/travel/relocation – transportation: marine charter, in the transportation of things group. Here are the contracts open under it now, the NAICS codes it pairs with, and who buys and wins this work.
- Open contracts now
- 15
- Spending, FY2026
- $1.7 billion
- Share to small businesses
- 38%
Open contracts with PSC V124, due soonest
- Vessel Charter - Buoy Recovery and Deployment
Due in 3 daysOct 13, 2026
- Vessel Charter - Buoy Recovery and Deployment
Due in 3 daysOct 13, 2026
- 360-DAY DRY CARGO TIME CHARTER
Due in 3 daysOct 13, 2026
- 90-Day Tanker Time Charter
Due in 5 daysOct 15, 2026
- Submarine Rescue Vessel Extended Time Charter
✦ Military Sealift Command (Navy, Norfolk) wants to charter one U.S.-flag, Jones Act offshore supply vessel to support submarine rescue and sea trials around Hampton Roads, Virginia.
Due in 5 daysOct 15, 2026
- RFI - Seasonal Great Lakes Ice-Breaking
✦ The U.S. Coast Guard District Great Lakes is asking for information from companies that can provide a crewed ice-breaking vessel for the Great Lakes from January 2, 2027 through…
Due in 9 daysOct 19, 2026
Where V124 sits in the PSC Manual
- Category: Service
- Group V: Transport, Travel, Relocation
- Group V1: Transportation of Things
- Code V124: Transportation/Travel/Relocation – Transportation: Marine Charter
NAICS codes used with PSC V124
The NAICS code on a contract sets the size standard for who counts as small. These are the codes agencies pair with V124 most often:
| NAICS | Industry | Spent, last 3 years |
|---|---|---|
| 483111 | Deep Sea Freight Transportation | $4.8 billion |
| 483113 | Coastal and Great Lakes Freight Transportation | $193.7 million |
| 488330 | Navigational Services to Shipping | $189.8 million |
| 483112 | Deep Sea Passenger Transportation | $80.6 million |
| 488390 | Other Support Activities for Water Transportation | $15.7 million |
| 481111 | Scheduled Passenger Air Transportation | $3.3 million |
Who buys under PSC V124
Agencies with the most contract dollars under V124 over the last three fiscal years, per USAspending.gov:
| Agency | Obligated |
|---|---|
| Department of the Navy | $5.3 billion |
| U.S. Coast Guard | $17.1 million |
| National Oceanic and Atmospheric Administration | $4.1 million |
| Department of the Air Force | $2.2 million |
| Bureau of Indian Affairs and Bureau of Indian Education | $1.8 million |
| National Park Service | $1.1 million |
| U.S. Geological Survey | $453,208 |
| Department of the Army | $441,725 |
On open notices right now, the most V124 work comes from Dept of Defense, Department of Commerce and Department of Homeland Security.
Federal spending under PSC V124 by year
| Fiscal year | Contract obligations |
|---|---|
| FY2024 | $1.8 billion |
| FY2025 | $1.8 billion |
| FY2026 | $1.7 billion |
| FY2027 (so far) | $0 |
Who wins PSC V124 contracts
| Company | Obligated, last 3 years |
|---|---|
| Crowley Government Services, Inc. | $740.6 million |
| Patriot Contract Services, LLC | $695.2 million |
| Ocean Ships, Inc. | $499.7 million |
| U.S. Marine Management, LLC | $438.3 million |
| Hornbeck Offshore Operators LLC | $343.1 million |
| Schuyler Line Navigation Company LLC | $339 million |
| Transoceanic Cable Ship Company LLC | $271.6 million |
| Tote Services, LLC | $241.7 million |
| Waterman Transport Inc | $180.5 million |
| Alpha Marine Services LLC | $178.2 million |
Related PSC codes
- V111 Transportation/Travel/Relocation – Transportation: Air Freight
- V112 Transportation/Travel/Relocation – Transportation: Motor Freight
- V113 Transportation/Travel/Relocation – Transportation: Rail Freight
- V114 Transportation/Travel/Relocation – Transportation: Stevedoring
- V115 Transportation/Travel/Relocation – Transportation: Vessel Freight
- V119 Transportation/Travel/Relocation – Transportation: Other
- V121 Transportation/Travel/Relocation – Transportation: Air Charter
- V122 Transportation/Travel/Relocation – Transportation: Motor Charter
- V123 Transportation/Travel/Relocation – Transportation: Rail Charter
- V125 Transportation/Travel/Relocation – Transportation: Vessel Towing
Frequently asked questions
What is PSC V124?
V124 is the service code in the federal Product and Service Code (PSC) Manual for transportation/travel/relocation – transportation: marine charter, under V (Transport, Travel, Relocation) and V1 (Transportation of Things). Agencies put a PSC on every contract to record what they bought.
What is the difference between a PSC and a NAICS code?
A PSC describes what the government is buying. A NAICS code describes the industry of the business doing the work, and it sets the SBA size standard for small business set-asides. Every contract notice has both.
Which NAICS code goes with PSC V124?
Most federal contract dollars under PSC V124 go with NAICS 483111 (Deep Sea Freight Transportation), according to USAspending.gov. The contracting officer picks the NAICS code for each solicitation, so check the notice.
How do I find contracts that use PSC V124?
Contract opportunities are posted on SAM.gov with their PSC and NAICS codes. 15 open notices use PSC V124 right now. FedReady can match new ones to your business and email you, free.