JEWELRY, WATCH, PRECIOUS STONE, AND PRECIOUS METAL MERCHANT WHOLESALERS

JEWELRY, WATCH, PRECIOUS STONE, AND PRECIOUS METAL MERCHANT WHOLESALERS represents a significant segment of federal spending, totaling over $165 million in FY24. This category covers the wholesale trade of jewelry, watches, precious stones, and precious metals. Despite the substantial market value, this sector involves a surprisingly limited number of participants. Over the four-year period, only eight contracts were awarded to four unique vendors from four distinct agencies. This concentrated procurement landscape means that companies like Noble Supply and Logistics LLC and Federal Resources Corporation play a key role in a relatively niche but high-value federal market.

NAICS

423940

Contracts

19

Vendors

6

Agencies

7