Risk Management
Insurance
Construction Wrapups

Sponsors of wrap-up programs need to be cognizant of these issues when planning their programs

Explains the advantages of OCIP programs

The basics of a recently popular movement toward contractor controlled programs

Provides guidance for contractors on what to look for and how to handle OCIPs

OCIP manual for the US Federal Highway Administration

Advantages and disadvantages of wrap-up insurance for large construction projects

OCIP/Wrap-up forms

Lessons learned from a New York City transit OCIP program

Prepared by the state of Utah

Wrap-up programs provide some unique advantages

Includes some pitfalls to consider

What contractors should consider when involved in Owner Controlled Insurance Programs

Outlines the advantages and disadvantages over traditional insuring methods

Discussion of the advantages and disadvantages of each and how to avoid pitfalls

Guidance for contractors preparing to work under Owner Controlled Insurance Programs (OCIPs)

A synthesis of highway practice from the Transportation Research Board

Manual and forms in use by Los Angeles schools

Report on best practices in the use of OCIP to manage construction risk

Advantages, disadvantages, risks of OCIP

The specifics of the OCIP and CCIP - Contractor Consolidated Insurance Programs

The following overview of OCIPs is based on general practices

Example of an OCWIP manual in use by an airport authority

Highlights shortcomings experienced by subcontractors

With the popularity for rolling programs come misnomers, innuendos, and general misinformation

Examples of forms in use on an OCIP project

Sample of an OCIP insurance manual used by a school district

Example of a project safety manual for an Owner Controlled Insurance Program for a city school district

Example of a school district's insurance program manual, safety program manual, etc for construction projects

Text of the manual

February 2009 article on the state of the market

Basic benefits of a wrap-up

Project owners must know the risks and understand their potential consequences so they can make informed decisions

Answers to favorite questions related to wrap-ups

A series of articles related to wrap-up program administration

Insight into some of the issues to consider when dealing with termination of a wrap-up

Understanding the financial impact of critical mass

Wrap-ups can be looked at as one big balance sheet

Answers to typical questions posed by insureds relating to this subject

How to determine when to consider a wrap-up