OWNER CONTROLLED INSURANCE PROGRAMS

This synthesis report presents the current best practices in the use of Owner Controlled Insurance Programs (OCIPs) to manage construction risk. It provides a brief history of OCIPs, the OCIP experiences of state departments of transportation (DOTs), contractor issues, and controlling risk, and discusses at length how to choose an OCIP, how to develop an OCIP, and how to operate under an OCIP. This report of the Transportation Research Board will be of interest to state DOT highway and roadway design and project engineers, including specifications and standards specialists, contractors, and researchers. Information was derived from a literature review, responses from surveys received from state DOTs and from contractors, telephone interviews, and contractor meetings. It includes detailed information concerning construction insurance, with examples of existing agency OCIP specifications, contract wording, and forms. Also included in the appendices is an example of an OCIP safety incentive program, in addition to examples of an interim OCIP policy, payroll reporting forms, and an OCIP enrollment form.