Abstract: In accordance with the present invention, there is provided a controlled access storage system for the delivery and retrieval of an item having a transponder associated therewith. In this regard, the transponder is programmed with data specific to the item. The transponder is configured to transmit item identification data. The storage system is provided with an enclosure sized and configured to store the item. The storage system is further provided with a locking mechanism for unlocking the enclosure for access therein in response to an unlock signal. The storage system is further provided with a transponder communications device which is configured to electrically interrogate the transponder and to receive the item identification data in response.