PSC Glossary/B507

PSC B507

SPECIAL STUDIES/ANALYSIS- ECONOMIC

Overview

The Product Service Code (PSC) system is the U.S. government’s standard taxonomy for categorizing supplies, services, and research and development in federal procurement. PSCs are used in FPDS and related acquisition systems to classify what agencies buy, supporting consistent reporting, analysis, and oversight of spending; the PSC Manual on Acquisition.gov maintains the official structure and definitions. 1

PSC B507 denotes “Special Studies/Analysis – Economic” within Section C, Category B (Special Studies/Analysis, Not R&D). Agencies use B507 to report non-R&D economic studies and analyses when that is the predominant service acquired, consistent with PSC Manual guidance. 2

See also on G2X:

What this PSC covers

  • Non-R&D special studies and analyses with an economic subject focus under Category B (Special Studies/Analysis). 2
  • Work coded in FPDS based on the predominant service purchased when that service is an economic study/analysis. 2
  • Governmentwide descriptor only; specific examples, deliverables, or sub-scope details: Not specified by official sources. 1
  • Applicable across service acquisitions; this PSC sits in Section C (Service Codes) rather than Section A (R&D). 2
  • Distinct from R&D activities, which are reported under “A***” R&D PSCs, per PSC Manual direction. 2
TypeCodeDescriptor
PSCB506Special Studies/Analysis – Data (Other Than Scientific). 2
PSCB543Special Studies/Analysis – Energy. 2
PSCB547Special Studies/Analysis – Accounting/Financial Management. 2

FPDS reporting notes for Category B special studies/analysis

  • In FPDS, the PSC is recorded in data element 8A (“Product or Service Code”); select the code based on the predominant service procured. 2
  • Category B codes identify special studies/analysis that are not research and development; R&D actions must use Section A (“A***”) R&D PSCs. 2
  • The PSC Manual’s service code list includes “B5—Special Studies/Analysis,” which contains B507 and related B5 subcategories. 2

Frequently asked questions

  • What does PSC B507 represent?
    PSC B507 is defined as “Special Studies/Analysis – Economic,” part of Category B (Special Studies/Analysis, Not R&D) in Section C. Agencies use it when the primary purpose is non-R&D economic analysis and related advisory services. 2

  • Does the PSC Manual provide examples or deliverable types for B507?
    Not specified by official sources. The Manual provides the descriptor and placement within Category B5 but does not enumerate detailed examples, deliverables, labor categories, or boundaries for B507. Not specified by official sources. 1

  • How is B507 selected versus other analysis codes?
    Select the PSC based on the predominant service. If the requirement’s primary focus is economic analysis (and not R&D), report B507; otherwise choose the most fitting code in the B5 series (for example, B505 or B547). 2

  • How is B507 entered in federal reporting systems?
    Agencies record the PSC in FPDS data element 8A. The Manual emphasizes accurate PSC selection because FPDS data informs statutory reporting, portfolio management, and oversight analysis across government. 2

  • Is B507 limited to certain agencies or mission areas?
    Not specified by official sources. PSCs are governmentwide classification standards applied across civilian and defense agencies; the Manual does not restrict B507 to any single organization or mission. Not specified by official sources. 1

Useful resources

  • G2X — PSC B507 Data Page: https://app.g2xchange.com/psc/B507
  • Product and Service Code Manual landing page (current and archives). 1
  • PSC Manual April 2025 (PDF), Section C: Service Codes → Category B5 (includes B507). 2
  • FPDS ezSearch Help (for locating reported contract actions by PSC). 3

References

  1. Acquisition.gov — Product and Service Code Manual page: https://www.acquisition.gov/psc-manual
  2. Acquisition.gov — PSC Manual April 2025 (PDF): https://www.acquisition.gov/sites/default/files/manual/PSC%20Manual%20April%202025.pdf
  3. FPDS — ezSearch Help: https://www.fpds.gov/help/index.jsp

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