NIGP 94970: Self Insured Program, Authorization Fee

NIGP 94970 Self Insured Program, Authorization Fee is an Item code under which state and local governments procure authorization and administrative fees associated with self-insured insurance programs, typically for worker's compensation, liability, or health insurance pools that public entities operate directly rather than through commercial carriers. The code captures the cost of third-party authorization, licensing, or administrative oversight services that regulatory agencies or program administrators charge to public entities that elect self-insurance rather than purchasing conventional insurance products. State and local governments use this code when budgeting for compliance documentation, program certification, and ongoing regulatory monitoring fees tied to self-insured status, rather than for the underlying insurance coverage itself.

The source provided contains no recent state or local contract opportunities solicited under this code and does not identify issuing bodies, geographic activity, or representative recent solicitations. Without posted procurement activity, the current market depth and velocity under NIGP 94970 cannot be assessed from available records.