Owner Controlled Insurance Program (OCIP Clause Samples
An Owner Controlled Insurance Program (OCIP) clause establishes that the project owner will procure and manage a centralized insurance policy covering all or most contractors and subcontractors working on a specific construction project. Under this arrangement, the owner typically provides coverage for general liability, workers’ compensation, and sometimes excess liability, eliminating the need for each contractor to obtain separate policies. This approach streamlines insurance administration, reduces overall costs, and ensures consistent coverage across all parties, thereby minimizing gaps or overlaps in insurance and simplifying claims handling.
POPULAR SAMPLE Copied 1 times
Owner Controlled Insurance Program (OCIP. Purchaser may elect to implement an Owner Controlled Insurance Program (OCIP) for all or a portion of the Work. In the event Purchaser implements an OCIP, Contractor and its Subcontractors shall enroll in the OCIP and will cooperate with Purchaser and the OCIP administrator in implementation of the OCIP, and shall reduce the amount of any labor and other fixed rates chargeable to Purchaser under this Agreement by the amount of any insurance, workers’ compensation, and similar premiums and associated charges, including claim costs and safety and administrative fees, included in such rates associated with insurance provided by the OCIP. For Work performed under a target cost incentive program, the amount of the target cost shall be reduced by the cumulative amount of such reduction in Contractor’s invoices.
Owner Controlled Insurance Program (OCIP. The Owner may elect to implement an Owner Controlled Insurance Program (OCIP). Refer to the Project Insurance specification Section 00 73 16 for additional requirements. In addition, the Construction Manager will be required to provide the following additional insurance coverages:
Owner Controlled Insurance Program (OCIP. The terms “Owner Controlled Insurance Program” or “OCIP” mean a project specific insurance program that will be initiated and administered by Judicial Council to provide many of the insurance requirements set forth herein during Work that will insure the interest of Contractor, any Subcontractor, performing Work at or incidental to the Project Site.
Owner Controlled Insurance Program (OCIP. The Owner has elected to implement an Owner Controlled Insurance Program (OCIP) for this Project. Refer to the Project Insurance specification for additional requirements. In addition, the Contractor will be required to provide the following additional insurance coverage:
11.1.1 Provide Automobile Liability as set forth in the Uniform General Conditions for University of Texas System Building Construction Contracts.
11.1.2 Contractor’s construction cost shall exclude the cost of premiums for insurance coverage provided through the OCIP. The cost shall only include the cost of premiums of all other insurance required by the Contract Documents.
11.1.3 Contractor shall include required OCIP insurance information in trade packages and indicate on proposal forms the insurance that proposers are to include and exclude in their base proposals.
11.1.4 During construction, Owner may audit the Contractor’s and Subcontractors’ labor hours and certified payroll reports to determine actual insurance costs (audit not for return of cost savings).
Owner Controlled Insurance Program (OCIP. The Owner has elected to implement a Rolling Owner Controlled Insurance Program (ROCIP). Refer to the Special Conditions, the ROCIP Manual and Project Insurance specification for additional requirements. In addition, the Construction Manager will be required to provide the following additional insurance coverages:
Owner Controlled Insurance Program (OCIP. The Trustees must enroll any Project awarded with a Contract Amount of ten million dollars or more in this program. Design-Builder must refer to the Supplementary General Conditions to determine if this Project is enrolled in this program, and disregard these provisions of Article 36.06-b if not. The Trustees have established an Owner Controlled Insurance Program, or OCIP, which will provide to Enrolled Parties (as defined below) Workers’ Compensation and Employer’s Liability insurance, Commercial General Liability insurance, and Excess Liability insurance, as summarily described below, in connection with the performance of the Work (OCIP Coverage). The OCIP is more fully described in the insurance manual (Insurance Manual) for the Project, which can be downloaded from ▇▇▇▇://▇▇▇.▇▇▇▇▇▇▇▇.▇▇▇/ConstructionInsurancePrograms. Parties performing labor or services at the Project Site must enroll in the OCIP, unless they are Excluded Parties (as defined below). The Trustees have designated Alliant Insurance Services, Inc. as the OCIP Administrator (OCIP Administrator).
i. Enrolled Parties and their Insurance Obligations. OCIP Coverage must cover Enrolled Parties. Enrolled Parties are the Trustees as the Owner, the OCIP Administrator, Design-Builder and eligible subcontractors of all tiers that enroll in the OCIP, and such other persons or entities as Trustees may designate, in its sole discretion (each party insured under the OCIP is an “Enrolled Party”. For all Enrolled Parties, the OCIP Administrator must deem that, upon each party’s enrollment in the OCIP for all on site activities, each party’s obligation to obtain Comprehensive or Commercial Form Liability Insurance and Workers’ Compensation including Employer’s Liability Insurance, set out under Article 36.06-a(1)(a), has been satisfied. All Enrolled Parties must still comply with all other provisions of Article 36.06-a, including providing Business Automobile Liability insurance for all activities, and providing Comprehensive or Commercial Form Liability insurance for offsite activities, providing Workers’ Compensation/Employer’s Liability Insurance for offsite activities, and providing any other insurance required under Article 36.06-a, or under any Supplementary General Conditions.
ii. Excluded Parties and Their Insurance Obligations. The OCIP Coverage does not cover the following “Excluded Parties”:
(a) Hazardous materials remediation, removal and/or transport companies and their consultants;
(b) Heavy...
Owner Controlled Insurance Program (OCIP. The Port has arranged with Aon Risk Services, Inc. of Northern California (the “OCIP Administrator”) to provide insurance under an OCIP, which will provide Project-Specific Professional Liability insurance covering Consultant, and its approved subcontractors and subconsultants, for liability for acts, errors or omissions arising out of services performed under the Agreement, whether or not such Services are performed on the Port’s Construction Project Sites (“Project Sites”). The Port will also provide such insurance to other persons or interests as the Port in its sole discretion may designate. The insurance policy described in this section 1.0 shall be collectively referred to as the “OCIP Insurance Policy.” Consultant, and other professional consultants engaged by the Port, and their respective subconsultants or subcontractors, which do not perform actual labor at the Project Sites may be covered under the Project-Specific Professional Liability Insurance Policy for professional services performed in connection with the Port’s construction projects which are performed away from the Project Sites, if such parties are properly enrolled in the OCIP and upon receipt of acknowledgment of such coverage by the OCIP Administrator. The Port reserves the right, in its sole discretion, to include or exclude any party from the OCIP, or any portion thereof, notwithstanding such party’s apparent eligibility for inclusion in the OCIP.
Owner Controlled Insurance Program (OCIP. The Owner has elected to implement an Owner Controlled Insurance Program (OCIP) for this Project. Refer to the Project Insurance (OCIP) Specification, Section 00 73 16 for additional requirements. In addition, the Contractor will be required to provide the following additional insurance coverage:
11.1.1 Provide Automobile Liability as set forth in the Uniform General Conditions for University of Texas System Building Construction Contracts.
11.1.2 Contractor’s construction cost shall exclude the cost of premiums for insurance coverage provided through the OCIP. The cost shall only include the cost of premiums of all other insurance required by the Contract Documents.
11.1.3 Contractor shall include required OCIP insurance information in trade packages and indicate on proposal forms the insurance that subcontractors are to include and exclude in their base proposals.
11.1.4 During construction, Owner may audit the Contractor’s and Subcontractors’ labor hours and certified payroll reports to determine actual insurance costs (audit not for return of cost savings).