NIGP 94946: Other Intangible Assets-Term >$100K

NIGP 94946 Other Intangible Assets-Term >$100K, an Item code, covers licensing agreements, software subscriptions, intellectual property leases, and other intangible asset acquisitions with contract values exceeding $100,000 and terms extending beyond a single fiscal or calendar year. State and local governments procure under this code when they need multi-year access to digital tools, data platforms, proprietary systems, or rights rather than capital equipment or permanent ownership.

No recent state or local contract opportunities appear in the available records for this code. Activity under 94946 is typically sparse relative to higher-frequency commodity and service codes; when procurement does occur, it often moves through cooperative purchasing vehicles or sole-source justifications rather than competitive RFPs. Monitor this code if your firm offers SaaS platforms, long-term software licensing, data analytics subscriptions, or similar intangible-asset solutions with multi-year terms and price points above the threshold—opportunities will emerge episodically when a jurisdiction refreshes its technology contracts or pursues new digital initiatives.