Contractor Controlled Insurance Program definition

Contractor Controlled Insurance Program or “CCIP” has the meaning set forth in Section 16.1.
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Examples of Contractor Controlled Insurance Program in a sentence

  • Use of Contractor Controlled Insurance Program (CCIP) or Subcontractor Default Insurance (SDI) requires evidence of cost savings, and approval by Owner.

  • Owner does not permit Contractor Controlled Insurance Program (CCIP) or Subcontractor Default Insurance (SDI).

  • The Construction Management Fee, which is a percentage fee, calculated by multiplying a percentage factor of 2.45% times the Cost of Work less that portion of the Cost of Work’s line item for Contractor Controlled Insurance Program (“CCIP”), for which see subsection 4.3.4, below.

  • With prior written approval of Owner, CM/GC may implement a Contractor Controlled Insurance Program (CCIP) for the Project, and CM/GC shall follow Owner’s requirements regarding limits, coverages, and enrollment for any such CCIP.

  • In the event Contractor provides any of the insurance required by the Contract Documents through a Contractor- Controlled Insurance Program (a “CCIP”), Contractor shall deliver to Owner for review and approval a written description of the material features of the CCIP, including carriers, coverages, policy limits, and deductibles.

  • During the Construction Period, a Contractor Controlled Insurance Program is acceptable to satisfy all insurance requirements, provided that it otherwise meets the requirements described in Appendix 8 and this Section 16.1.

  • The parties agree that the Contractor may provide portions of such insurance through a Contractor Controlled Insurance Program (CCIP).

  • Include any contractor insurance programs used, such as a Contractor Controlled Insurance Program and how it is used to assist small and HUB businesses.

  • During construction of the Rangers Complex, the above insurance requirements may be met through the use of an Owner or Contractor Controlled Insurance Program.

  • If the Contract Documents require participation in an Owner Controlled Insurance Program (OCIP) or Contractor Controlled Insurance Program (CCIP), Subcontractor shall fully participate and cooperate with Owner, Contractor and/or Insurance Program Administrator in compliance with the program requirements.