NIGP 97168: Safety Deposit Box Rental or Lease

NIGP 97168 Safety Deposit Box Rental or Lease is an Item code covering the leasing or rental of secure storage compartments that state and local governments use for records management, asset custody, and document preservation. Government agencies, school districts, and other public entities lease safety deposit boxes from financial institutions or private vault operators to safeguard irreplaceable or high-value records, including deeds, contracts, bonds, historical documents, and sensitive administrative files. The service typically involves annual or multi-year lease agreements with banks or specialized storage providers, often negotiated through cooperative purchasing vehicles or direct contracts with financial institutions already serving the jurisdiction.

No recent state or local contract opportunities under NIGP 97168 appear in the available procurement database. This Item code reflects a mature, low-volume procurement category where most government leasing activity is routine renewal or expansion of existing relationships with established financial institutions rather than competitive solicitation.