NIGP 96921: Judgments & Settlements, Claimant
Item
Code facts
- Part of
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32
- 969
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32
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 96921
NIGP 96921 Judgments & Settlements, Claimant is an Item code under which state and local governments record and administer financial settlements and court judgments awarded to the public entity as claimant or plaintiff. This code captures the transactional record of monetary recoveries—including insurance claim settlements, litigation recoveries, administrative determination awards, and similar payments owed to a government body—rather than procurement of goods or services. The scope reflects post-resolution settlement administration: recording the judgment or settlement amount, processing receipt of funds, and documenting the recovery in the government accounting system.
The source provided contains no recent state and local contract opportunities under NIGP 96921. This code does not reflect active procurement solicitation activity in the traditional sense; it functions as an accounting classification for settled claims and judgments rather than as a vehicle for purchasing goods, services, or contracting resources. Business development professionals evaluating this code should recognize it as an internal financial reporting and accounting category rather than a procurement code that generates RFP, RFQ, IFB, or ITB activity.
Quick answers
What is NIGP 96921?
NIGP 96921 is Judgments & Settlements, Claimant, an item in NIGP 32, Higher Education.
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