UNSPSC code

The United Nations Standard Products and Services Code, a classification many buyers use to tag tenders by type of goods or service. Canadian federal tenders use it alongside their own codes.

Also called: UNSPSC

Related terms

CPV code

The Common Procurement Vocabulary, the European code list that tags each tender by subject. IT services start with 72 and software packages with 48, so they are the codes to set alerts on.

NAICS code

The North American Industry Classification System code that describes what a business does. US federal tenders name one NAICS code, which sets the small-business size limit; 541511 is custom computer programming.