NIGP 91766: Lease Purchase, Personal Property/Other

NIGP 91766 Lease Purchase, Personal Property/Other (Item) encompasses ground leases, facility leases, and property rental arrangements that state and local governments actively solicit to generate revenue, support operational needs, or fulfill strategic development objectives. State and local governments are using this code to lease county and municipal property to private operators for productive use—including land for cattle grazing, waste processing, aircraft hangar development, and specialized facilities—as well as to procure short-term rental services such as racetrack access for police training. The issuing bodies span counties (Fayette County, Georgia; Pasco County, Florida; Bernalillo County, New Mexico), cities (Sebastian, Florida; Fort Worth, Texas), and community colleges (Valencia College, Florida), reflecting a mix of revenue-generating property leases and operational-support procurements managed through ITB, RFP, and RFQ notice structures. Lessees typically assume responsibility for maintenance, operations, utilities, permitting, insurance, and site development, with lease terms ranging from one to thirty years and annual renewals conditional on party notice.

Recent activity concentrates in Florida and Georgia, with secondary activity in New Mexico and Texas. Representative opportunities include Fayette County's ITB for a 22-acre wooded property lease adjacent to its solid waste transfer station (due August 6, 2026), seeking productive use through mulching, recycling, or staging operations; Pasco County's IFB for a 208-acre cattle grazing lease with a minimum revenue threshold of $225.00 per animal unit (due May 5, 2026); the City of Sebastian's RFP for lease and development of five airport parcels for aircraft hangars under a 30-year ground lease (due December 11, 2025, with virtual bid opening); the City of Fort Worth's RFQt for racetrack rental to support Police Department training within 50 miles of the Bob Bolen Public Safety Complex (due February 18, 2026); and Bernalillo County's rolling RFQ to establish a pool of Development Partners for planning, financing, and implementing county strategic and community development projects (Round 1 due July 1, 2026).