NIGP 94970: Self Insured Program, Authorization Fee

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NIGP codes come from the NIGP Code (NIGP: The Institute for Public Procurement, maintained by Periscope Holdings), and state and local contract opportunities from the governments' procurement sites.

About NIGP 94970

NIGP 94970 Self Insured Program, Authorization Fee is an Item code under which state and local governments pay administrative and authorization fees to establish or maintain self-insurance programs — typically workers' compensation, liability, or property coverage pools managed directly by the public entity rather than through a commercial carrier. The code captures the upfront and ongoing compliance, licensing, and administrative costs associated with operating a self-insured risk management program, including regulatory filings, actuarial certification, reserve funding verification, and program authorization from state insurance or risk management regulators.

The source provided contains no recent state and local contract opportunities or solicitation activity under this code, making it difficult to characterize current issuing-body mix, geographic concentration, or representative procurement patterns.

Quick answers

What is NIGP 94970?

NIGP 94970 is Self Insured Program, Authorization Fee, an item in NIGP 32, Higher Education.

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