North American Industry Classification System (NAICS) 1997
23 - Construction
This sector comprises establishments primarily engaged in constructing, repairing and renovating buildings and engineering works, and in subdividing and developing land. These establishments may operate on their own account or under contract to other establishments. They may produce complete projects or just parts of projects. Establishments often subcontract some or all of the work involved in a project. Establishments may produce new construction, or undertake repairs and renovations to existing structures.
A construction establishment may be the only establishment of an enterprise, or one of several establishments of an integrated real estate enterprise engaged in the land assembly, development, financing, building and sale of large projects.
Establishments classified in this sector are known by a variety of trade designations depending on the scope of the projects they undertake, the degree of responsibility and risk that they assume, and the type of structure that they produce. Prime contractors are primarily engaged in the construction of complete works, while trade contractors primarily undertake a component of a project, under contract to a prime contractor or a principal.
There are two main types of construction produced - buildings and engineering works. Buildings are distinguished by their primary function, such as residential, commercial and industrial. Engineering works include dams; non-building industrial works such as refineries; highways, roads and streets; bridges; sewers; power and communications transmission lines; and similar structures and works.
|231Prime Contracting||Prime Contracting|
|232Trade Contracting||Trade Contracting|
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